News Ticker
October 4, 2022

Please have a good look around the website, as I am confident if you are seeking out Bounce Back Loan related information, you will find what you are looking for. Those that subscribe also have access to the entire website in addition to to my 12 hours a day, 7 days a week helpline, so if you want a chat, subscribe here > https://mrbounceback.com/membership-join/ then log in for my number and when I am available today, you can do that here > https://mrbounceback.com/helpline/ As long as you keep on coming, I will keep doing what I do.

Latest BBL News

BBL Complaints and Outcomes

HSBC Closed a Customers Accounts, Snatched Back Every Penny to Offset the Bounce Back Loan They Issued, the Ombudsman States They Acted Fairly But it’s the Courts Duty to Decide if They Discriminated Against Him on the Grounds of His Nationality

Yet another case to present to you today of HSBC deciding to close one of their customers bank accounts, and snatch back all funds in the accounts to repay a Bounce Back Loan they also decided that customer was no longer having from them. Here is the judgment of the […]

The Disqualification Files

With No Evidence His Company Was Trading and Having Bagged a £47k Yorkshire Bank Bounce Back Loan Which Was Left Unpaid at Liquidation a Company Director is Now Starting an 11 Year Ban

Yorkshire Bank or Virgin Money as they are now known, have put in plenty of Bounce Back Loan guarantee claims recently, and they will no doubt have had the one in the case outlined below at the top of their guarantee claims list of, which saw the Company Director who blagged that loan being given an 11 year disqualification.   […]

With no end in sight to the many twists and turns of the Bounce Back Loan scheme, but with one thing glaringly obvious, that being a huge and ever growing number of them are being sent off for the guarantee claim by lenders, please do check back daily for my BBL news updates, a directory listing each one of them can be found here > https://mrbounceback.com/category/todays-news/. Make sure that you subscribe today to get full access to all areas of the website, you can do so here > https://mrbounceback.com/membership-join/

BBL Jailbirds

Getting carted off in a police van for Bounce Back Loan abuse is rare, however there have been quite a number of cases recently that have gone before the courts that have resulted in one or more people being locked up for outrageously scamming the BBL scheme. Make sure that you subscribe today to get full access to all areas of the website, you can do so here > https://mrbounceback.com/membership-join/

BBL Abuse

Above you will find guides on what happens when taking the Insolvency route as a Company Director or the Bankruptcy route as a Sole Trader to try and get out of repaying a BBL and/or what happens when any form of BBL wrongdoing comes to light when doing do. For individual examples of Directors and Sole Traders who have been hit with a ban take a look here> https://mrbounceback.com/category/the-disqualification-files/

Help and Support

I've been to the Treasury, the Palace of Westminster, Bank HQ’s and even the British Business Bank and chatted to many MP’s and Government Ministers about Bounce Back Loans, they all know many people cannot repay their loans and if you are sat there right now, possibly in a dark place worrying about repaying it, then be aware its not all doom and gloom if you have to default. I am available 12 hours a day if you need a friendly voice and a chat about any type of BBL worries and concerns. Website subscribers you will find my number here > https://mrbounceback.com/helpline/

Caught on Camera

When dragged, often shouting, and screaming, to sit before a Committee in the Palace of Westminster, those asked to do so often unexpectedly blurt out some real corkers, and you will find footage of some of the more unusual exchanges about Bounce Back Loans between Government Officials, MPs and of course Bank Bosses in this section of the website > https://mrbounceback.com/category/bank-bosses-have-their-say/

Door Kicker Files

At the last time of checking the Door Kicking Bounce Back Loan Police Squad as I like to call them had enough cases to investigate to last time a mind blowing 42 years. They have however managed to smash in a few doors in their quest to uncover BBL fraud, and an overview of their most recent cases can be found here > https://mrbounceback.com/category/bbl-door-kicker-files/

League of Shame

League of Shame

Clydesdale Bank Bounce Back Loan Write-Offs, Guarantee Claims, Forbearance, Complaints and Proven Cases of BBL Fraud/Wrongdoing

Clydesdale Bank came in ninth place as the Bounce Back Loan lender that lent the most during the lifetime of that scheme, they are not afraid to put in for the Government Guarantee and have already done so on a fair old chunk of their defaulted BBL’s.  Find out how they are handling BBL Arrears, Defaults and claiming on the BBL Government Guarantee.  […]

League of Shame

Tide Bounce Back Loan Write-Offs, Guarantee Claims, Forbearance, Complaints and Proven Cases of BBL Fraud/Wrongdoing

Tide came in fifteenth place as the Bounce Back Loan lender that lent the most during the lifetime of that scheme, I’ve not seen a single case of anyone taking the insolvency/bankruptcy route with one of their BBL’s owing yet, but boy, they do not mess about with putting in claims for the guarantee, which they have done on over 25% of their BBL’s so far.  Find out how they are handling BBL Arrears, Defaults and claiming on the BBL Government Guarantee.  […]

League of Shame

Santander Bounce Back Loan Write-Offs, Guarantee Claims, Forbearance, Complaints and Proven Cases of BBL Fraud/Wrongdoing

Santander Bank came in fifth place as the Bounce Back Loan lender that lent the most during the lifetime of that scheme, they are showing no mercy whatsoever if they suspect you of doing something wrong when applying for or after getting one of their BBL’s.  Find out how they are handling BBL Arrears, Defaults and claiming on the BBL Government Guarantee. […]

League of Shame

Barclays Bounce Back Loan Write-Offs, Guarantee Claims, Forbearance, Complaints and Proven Cases of BBL Fraud/Wrongdoing

Barclays approved the largest number of Bounce Back Loans, and as such they have seen everything when it comes to those trying to blag one of those loans from them, but plenty of their customers did experience all manner of problems when the scheme was live. Find out how they are handling BBL Arrears, Defaults and claiming on the BBL Government Guarantee. […]

If you are in Bounce Back Loan arrears, or possibly in default, or you are heading that way, you are not alone. In fact the figures that are now being released every few months show plenty of people are behind with their repayments or cannot repay those loans. For a detailed overview of how each lender is handling all aspects of arrears and defaults and how many they currently have going through the guarantee claim system and how many guarantees payments have been paid out to them, along with some shocking examples of fraud uncovered take a look at this section of the website and look your lender up. > https://mrbounceback.com/category/league-of-shame/

Special Reports

Subscriber Special

New Figures Reveal Over 29% of All Bounce Back Loans Have Already or are Showing Signs of Being Defaulted On Including Some Which Lenders Have Silently Written Off

What better day to release the latest facts and figures about Bounce Back Loans, than on the day the new Prime Minister is announced, and it was yesterday at around 5pm those figures were released, which as you will see below, they reveal some shocking facts about the BBL scheme and current status of many loans. […]

Subscriber Special

How to Get Your Bounce Back Loan Paid Back to the Bank Via the Government Guarantee Leaving You to Have a Good Nights Sleep and Finally Try to Bounce Back

With so many Bounce Back Loans having already been paid back to the banks, and with even more guarantee claims sat in the system waiting to be paid back to them, you may be in a position whereby you cannot repay your BBL and need it paying back to the bank via the guarantee given to them by the British Business Bank, if so read on. […]

Subscriber Special

Been Told You Are Being Pursued for a Disqualification When Liquidating Your Company for Bounce Back Loan Wrongdoing, Such as Over-Estimating Your Turnover? I Have Seen Proof Those Decisions Can Be Overturned

Ok, this news update is important, and will, I know, only be of interest to a minority of people, but I want you to read and digest the contents, if you have sadly been forced to take the insolvency route with a Bounce Back Loan still owing, and have been told by the Insolvency Service you have committed wrongdoing, such as over-estimating your turnover and are being pursued for disqualification as “punishment”. […]

Subscriber Special

The Letter You Can Expect If you Miss Your Bounce Back Loan Repayments With Conister Bank Just Before They Demand The Entire BBL Back and Put You Into Default

Here is the standard letter that Conister Bank will send out to everyone who misses their Bounce Back Loan repayments, be aware that three missed repayments are usually deemed to be the trigger for a demand for full repayment and a default letter. Read more on your options and how enforcement of the BBL debt is not usually forthcoming […]

Subscriber Special

Subscriber Special – Watch Unseen Footage Revealing the Apparent Official Story on the Mystery of Why Bounce Back Loans Are Not Showing on Credit Files – Do You Believe It?

What better way to try and discover why Bounce Back Loans are not currently showing on credit files than asking the Government Department tasked with overseeing that scheme and the organisation representing most of the BBL lenders. Ask them I did, and here is the footage of that conversation, make up your own mind on whether you believe the answer given. […]

I have put together a range of guides and articles that some of you may be interested in, such as the letter and documents you may be sent out when you are in arrears, or the demand for full repayment of your Bounce Back Loan, which you will get when you go into default. Please have a look through them as they will at the very least let you know what to expect and what your options are at every stage of the “game”. They are all available here > https://mrbounceback.com/category/subscriber-special/

Books

BBL Complaints

BBL Complaints and Outcomes

HSBC Closed a Customers Accounts, Snatched Back Every Penny to Offset the Bounce Back Loan They Issued, the Ombudsman States They Acted Fairly But it’s the Courts Duty to Decide if They Discriminated Against Him on the Grounds of His Nationality

Yet another case to present to you today of HSBC deciding to close one of their customers bank accounts, and snatch back all funds in the accounts to repay a Bounce Back Loan they also decided that customer was no longer having from them. Here is the judgment of the […]

BBL Complaints and Outcomes

A Starling Bank Employee’s Lies Led to a Customer Missing Out on Being Able to Apply for a Bounce Back Loan the Ombudsman Awards a Paltry £50 in Compensation

According to Ben Jennings the Ombudsman, Starling Bank removed its waiting list in the last few days of the Bounce Back Loan scheme allowing customers to apply via that banks online banking platform for a BBL, however  this customer was told to wait for an invitation to apply by one of their agents and therefore missed out on the opportunity to apply for one. […]

BBL Complaints and Outcomes

HSBC Take 6 Months To Tell a Customer of Complications With Their Account That Stopped Them Fully Processing His Bounce Back Loan Application Which He Never Got, the Ombudsman Says £150 Is Suitable Compensation

Delays caused by banks such as HSBC being inundated with Bounce Back Loan applications, which sadly saw many business owners missing out on getting one of those loans is heart-breaking, and here is one recent case an Ombudsman has just made a ruling on, which resulted in an award of £150 in compensation. […]

BBL Complaints and Outcomes

TSB Customer Misses Out on a Bounce Back Loan Top-Up Due to Various Reasons Including That Bank Listing an Unmonitored Email Address on Their Website, The Ombudsman Says £75 Compensation is Adequate

Whilst TSB are being very, very fair with people who call them up and tell them they cannot repay their Bounce Back Loan with the bank explaining to them how they will claim on the guarantee and not hound them, here is a complaint about them the Ombudsman has just ruled on. […]

BBL Complaints and Outcomes

Barclays Declined a Sole Trader with Two Other BBL’s for His Other Two Businesses a Bounce Back Loan for His Third Business, the Ombudsman Awards Him £200 Compensation For the Upset Caused in Their Delay in Declining That Third Loan

The rules of the BBL scheme did state you could apply for as many Bounce Back Loans as you had separate, trading businesses that were not part of a holding company at the top of the business structure. Here is a recent Ombudsman decision in which Barclays declined a Sole Trader a third BBL for his third business and was ordered to pay him compensation but only for them taking so long to decline his loan and the upset caused. […]

BBL Complaints and Outcomes

HSBC Finally Confirm to the Ombudsman, When Told By Them to Address a Recent Bounce Back Loan Complaint, Their Feeder Accounts Were Imaginary, As I Did Announce Way Back When the BBL Scheme Went Live

Today I present to you a recent HSBC Bounce Back Loan related complaint that the Ombudsman has finally upheld, interesting to see that bank have now finally admitted that their Feeder Accounts, were indeed “imaginary” when the scheme first launched, as I and many of you had suspected at the time. […]

If you do have a complaint about your Bounce Back Loan Lender then you can contact the Financial Ombudsman Service who will investigate. I have been tracking hundreds of them, some which have been upheld and many that haven’t. Whilst you could be waiting months or even over a year for them to make an official ruling on your complaint, you can see some of those they have ruled on in this section of the website. > https://mrbounceback.com/category/bbl-complaints-and-outcomes/

Fraud and Abuse

The Disqualification Files

With No Evidence His Company Was Trading and Having Bagged a £47k Yorkshire Bank Bounce Back Loan Which Was Left Unpaid at Liquidation a Company Director is Now Starting an 11 Year Ban

Yorkshire Bank or Virgin Money as they are now known, have put in plenty of Bounce Back Loan guarantee claims recently, and they will no doubt have had the one in the case outlined below at the top of their guarantee claims list of, which saw the Company Director who blagged that loan being given an 11 year disqualification.   […]

The Disqualification Files

Company Director Disqualified for 11 Years After Bagging a Barclays and a Starling Bank Bounce Back Loan for His One Single Company

The failure by the powers that be to have a system in place in the first few weeks of the BBL scheme that allowed lenders to see if a business had already got a Bounce Back Loan led to people like the Company Director below being able to bag two of them. He didn’t pay back either of them and is now starting an 11 year disqualification for his wrongdoing, […]

The Disqualification Files

With No Accounting Records Delivered to the Liquidator There is No Telling Where This £35k NatWest Bounce Back Loan Went so the Company Director is Given a 7 Year Disqualification

There is certainly a pattern forming with some Company Directors who have taken the Insolvency route with a Bounce Back Loan left unpaid, of not delivering the accounting records of their Company to the Liquidator. That then leaves the powers that be often unable to determine whether a BBL was legitimately applied for and them also being unable to verify where the money went. When taking that stance, the ban they then ultimately are hit with is often lower in length than if they […]

The CEO of the British Business Bank recently stated that Bounce Back Loan fraud and abuse was not at high as first predictions suggested, which is good news. However, each day more and more people who took the insolvency route and left a BBL unpaid or were found to have blagged their BBL in the first place or didn’t use the funds as they were supposed to are getting long disqualifications for their wrongdoing. You will find the full often sordid details of each of the many hundreds of such cases I have tracked here > https://mrbounceback.com/category/the-disqualification-files/

Naming BBL Recipients

You may be blissfully unaware, but behind the scenes there is a battle going on regarding naming everybody with a Bounce Back Loan on a publicly accessible website. The British Business Bank team are against that idea and are putting up a spirited defence. However, those who do want everybody named, whether they have repaid their BBL in full, are paying it back on schedule or are in arrears or default are being egged on by no other than Lord Agnew of all people!

Snouts in the Trough

Snouts in the Trough

Kit Malthouse Has a Healthy Shareholding in a CBILs Lender, and Ex-Chancellor of the Exchequer Sajid Javid bags £30k from BBL Lender HSBC for a Cosy Chat

It just never ends dear website visitor, let us face it with Rishi and Co launching CBILS there was some chunky money to be made with that and all other Government backed loan schemes, and Kit Malthouse MP must have been rubbing his hands with glee when the finance company he founded was accredited by the British Business Bank to offer CBILS. I wonder if that firm will become a Recovery Loan Lender too. As of the […]

Snouts in the Trough

British Business Bank CEO Linked with Drug Firms, Son of an Iranian business magnate and Strange Links to Tide Too and Other Goodies…

I often wonder what type of person you have to be to be linked with a firm that makes money from the suffering of others, and today I will be looking at one such firm, and one that has direct links to the CEO of the British Business Bank, the son of Iranian business magnate, oh and links with Tide, the BBL lender than run out of money and its CEO said he would badger his contacts in Government for dosh (similarly to what Dodgy Dave Cameron is alleged to have done), then magically won a BCR Grant of £25m whilst supported by the BBB. […]

Snouts in the Trough

Kwasi Kwarteng Ex Secretary of State for BEIS Now Chancellor Bags a Huge Donation from Helios Investment Partners LLP and Low and Behold the British Business Bank Pick One of that Firms Partners as Chair for their Working Group

Kwasi Kwarteng is Secretary of State for BEIS that organisation instructed the British Business Bank to launch the BBL, CBILS, CLBILS and Recovery Loan Schemes. Well, he must have been giddy with excitement when Helios Investment Partners LLP bunged him £4,500 for his election fighting fund. Then would you believe it, the BBB pick Henry Obi from Helios Investment Partners to become Chair of one of their Working Groups. […]

Snouts in the Trough

Worried About Going Bust Having Had a Government Backed Loan? Don’t Be, as a Company with Links to Rishi Sunak and His Wife Has Already Done So, But for a Whopping £1.3m Oh What Fun!

You are not going to believe this, well in today’s Political world you will, below I will lay out all the facts on how a company linked directly to Rishi Sunak and his Wife, bagged a £1.3m Government Back Loan and then went into Administration. I will let you connect the dots on this one dear reader, as I know you like to see “receipts”. […]

Snouts in the Trough

Dave Cameron swanning around in Greensill Private Jets Now Boris is Flying Around in Helicopters Owned By JCB Who Mysteriously Vanished as a BBL Lender

Just when you thought you had seen it all, we learn that not only was Dodgy Dave swanning around in private jets owned by Greensill but now Boris Johnson is flying around in helicopters own by JCB, who mysteriously vanished as a BBL lender. Perhaps Tory donor Lord Bamford, who is the JCB company chairman, and whose firm the helicopter is registered can explain the mystery. […]

Snouts in the Trough

Alok Sharma’s Unusual Ramblings About Renting Clothes Makes More Sense Now as the Stories are Flowing of Carrie Johnson Twirling Around in Them and there are links to Dodgy Dave

As it is a Sunday and little happens in the world of Government backed loans or grants, I will today be looking at Alok Sharma’s recent ramblings on renting clothes and buying second-hand clothes as a little more information has come to light, involving the wife of Boris Johnson and David Cameron which explains Alok’s possible eagerness to promote such things. […]

Snouts in the Trough

Investec Now Accredited to Offer Recovery Loans and Would You Believe Andrew Mitchell MP (“Plebgate”) is a Senior Advisor Earning £12k a Year for Two Days Work

The list of MPs and Members of the House of Lords that have links to firms accredited by the British Business Bank to offer Government Guaranteed Loans gets bigger each time another one is accredited. Today I bring news of Investec the latest Lender to get the greenlight from the BBB to offer Recovery Loans and links to Andrew Mitchell MP. […]

It has of course been a very profitable time for many an MP, Government Minister and even for Members of the House of Lords. Take Lord Agnew who resigned over the running of the Bounce Back Loan scheme, would you believe he is now a Director of a high interest rate charging payday loan type of Company? You may choke on your coffee when you discover that firm also bagged a Bounce Back Loan! For an overview of all manner of other shenanigans check out my Snouts in the Trout directory here> https://mrbounceback.com/category/snouts-in-the-trough/

Compensation

BBL Compensation

If You Have Had Access to Your Bounce Back Loan Blocked, Then Unblocked Due to a BBL Lender Messing You About Be Aware That the Ombudsman Is Making Compensation Decisions Based On Loss of the Interest Free Period

It looks like Jenny Lomax an Ombudsman at the Financial Ombudsman Service is finally getting to grips with the complexities of the Bounce Back Loan scheme, when customers complain to her about banks messing them about.  As this case proves, she took into account, and boosted the compensation initially awarded due to a customers BBL being blocked for a month, and them losing one month’s worth of the interest free period. […]

BBL Compensation

If You Were One of the 3000+ People Declined a Bounce Back Loan from Starling Bank and It Was Due To a Bad Credit Rating If You Complain There Is a Good Chance You Will Be Compensated

I remember that horrendous Friday night way back in the early days of the Bounce Back Loan Scheme when Starling Bank declined en masse 3000+ people for a Bounce Back Loan, I can never forget it to be honest, I cried chatting to a lot of people that night who saw their future business security snatched away from them. […]

BBL Compliance Issues

Helpline

Guarantee Claims

Guarantee Claim

Step By Step Guide To Getting Your Bounce Back Loan Guarantee Paid Out to the Lender

The cost of living crisis, concerns about the new Chancellors mental health and the decimation of GBP on the money markets after his mini-budget that wasn’t a mini-budget, and with huge numbers of businesses not recovering from the Pandemic, many business owners are now looking to the Government to repay their Bounce Back Loan. As a subscriber, if anything doesn’t make sense in this guide then make sure you call my hotline, and I will talk you through everything. I will now explain how things are currently playing out and will give you an insight […]

Need a Chat?

Need a Chat?

Latest Updates