
Official Statements from BEIS, FCA, and NAO Confirm Pursuit of Unpaid Bounce Back Loans Should Cease After 12 Months

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. […]
Metro Bank’s tantrum over a £10 missed payment default is overruled by the Ombudsman, who orders the Bounce Back Loan reinstated and tells the bank to mature. […]
Missed a BBL payment? We share Starling Bank’s email and explain what happens next for borrowers in arrears. […]
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