Public Accounts Committee’s Sixth Report Notes BBL Lenders Lack Incentive to Chase Defaulters, Leading to Lax Pursuit
Special Reports
Bounce Back Loan Guarantees Portal Manual: What Lenders Submit for Guarantee Claims
Uncover the details lenders enter into the Bounce Back Loan Guarantees Portal when claiming guarantees, revealing the process behind your loan’s handling. […]
Special Reports
HSBC Directs Restons Solicitors to County Court to Chase Suicidal Bounce Back Loan Defaulters, Frequently in Error or Post-Government Guarantee Withdrawal, Well Beyond the 12-Month Recovery Window
HSBC sends Restons Solicitors to pursue vulnerable Bounce Back Loan defaulters in court, often mistakenly, long after the 12-month recovery period. […]
Special Reports
Financial Ombudsman Service in Spotlight for Potential Mass BBL Write-Offs as Banks Show Mercy, Fast-Tracking Guarantee Claims
IThe Ombudsman is under scrutiny as banks pity non-payers, speeding up BBL write-offs. We explore this shift toward leniency.
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