Jeremy Vine’s BBC Radio 2 Bounce Back Loan Chat Features Borrowers, FSB, and Me
Special Reports
Traffic Commissioner Cancels Haulier’s Licence After Ineligible BBL Was Spent on Shoes, Food, and Car Tax
A haulier lost their licence after misusing an ineligible BBL on personal expenses like shoes. We detail this regulatory slapdown. […]
Special Reports
Bounce Back Loan Defaulter Discounts Bring Relief, with Reports of Generous Settlements Sparking Joy
Heart warming reports flood in about substantial Bounce Back Loan defaulter discounts, offering borrowers significant relief and emotional victories. […]
Recovery Action 3
Warning Issued – Set Up An Affordable Repayment Plan ASAP If You Over-Egged Your Turnover (Either by Mistake or Otherwise) to Get a BBL as You Have One Final Window of Opportunity to do the Right Thing Before No Nonsense Recovery Action Begins
Businesses that overstated their turnover—whether intentionally or by error—to secure a Bounce Back Loan are urged to establish an affordable repayment plan immediately. With a final, limited opportunity to rectify their situation, failure to act promptly could trigger aggressive recovery measures by lenders or the Insolvency Service, potentially leading to director disqualifications or legal action.
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