
Bounce Back Loan Taxpayer Liability Falls by £18 Billion Due to Defaulter Discounts, Partial Repayments, Account Seizures, Compensation, and Full Repayments

Here is the boss of a major UK Bank explaining what happens if you do not engage with them regarding repaying a Bounce Back Loan and if they suspect fraud. He explains how they will try and contact you 15 times in 105 days, and if everything else fails, possibly report you to CIFAS and the Police. […]
Barclays’ rude call and BBL direct debit blunder led to a fivefold compensation hike by the Ombudsman. We unpack this major customer win. […]
Barclays’ shady cross-default of a customer’s Bounce Back Loan to secure a guarantee claim is overturned by the Ombudsman, who demands reinstatement. […]
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