News Ticker
February 8, 2023

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 News

The Disqualification Files

11 Year Ban Handed Out to a Company Director for Over-Egging His Business Turnover to Get a £50k Bounce Back Loan off NatWest When Only Entitled to a BBL of Around £11,000

The number of slapping’s being handed out for over-egging turnover to secure a Bounce Back Loan higher in value than a business was entitled to, which by the way is discovered when an Insolvency Practitioner submits his or her report to the Insolvency Service, is still on the rise, and here is another one. […]

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/

See how well or just how bad each individual BBL Lender is doing here >> https://mrbounceback.com/category/league-of-shame/

Special Reports

Subscriber Special

Claiming a Third Party Company Assisted in Applying for His Company’s Bounce Back Loan Using an Over-Egged Turnover Leads to an 11 Year Disqualification

I have spoken to a lot of people who enlisted the help of third party firms to help them apply for a Bounce Back Loan, and this case involves one such firm who it is alleged over-egged the turnover of the Company they helped get such a loan. Ultimately though the Director of the Company that got the BBL has been given an 11 year ban, for the reasons outlined. […]

Subscriber Special

HSBC Boss Admits If They Suspect Someone Over-Egged Their Turnover to Get a BBL They Are Allowing Them to Repay Their Loan as Per the Original Repayment Terms

You may be aware that some people are receiving letters from their Bounce Back Loan Lender seeking clarification on the original turnover figures used to apply for their BBL. Here is Karl Reid, Head of Lending UK Commercial Banking, HSBC saying they are allowing those that they suspect over-egged their turnover to repay those loans as normal as long as they didn’t commit much more serious “fraud”. […]

Subscriber Special

The Insolvency Service Refuses, On the Grounds of Befuddlement and Then Cost, to Give Figures on the Number of Company Directors Who Have Successfully Appealed a Decision to Ban Them for Bounce Back Loan Wrongdoing

As you take a look around this website, you will see information on hundreds of Company Directors who have been slapped with a ban for Bounce Back Loan wrongdoing after taking the Insolvency route. I have spoken to one person and their solicitor that had their ban overturned on appeal, so I know they exist, so I decided […]

Subscriber Special

As the Taxpayer Protection Taskforce Get Ready to Disband, Tales of the Hoops They Make SME’s Jump Through to Verify They Were Eligible for SEISS, the Eat Out to Help Out and the Job Retention Schemes Continue to Come In – Here is One of the Letters They Send Out

Having been set up in a blaze of glory, the main tasks of the Taxpayer Protection Taskforce were to go hunting down those who blagged the SEISS, Job Retention and Eat Out to Help Out Schemes. Let’s face it, many […]

Subscriber Special

Outrageous Bounce Back Loan Blagger Given a 15 Month Prison Sentence Suspended for 18 Months – Even Though He Repaid the BBL in Full When His Wrongdoing Had Been Rumbled

It is one thing being unable to repay your Bounce Back Loan, and for the record you will find most lenders being quite sympathetic if you can’t, but another when you set out to scam the scheme from the get-go, and the chap in the case below got off light, as he could have easily ended up doing some jail time, and he still may do if he reoffends again. […]

Subscriber Special

BBL Lender Uses “SWAT Team” / “Bounty Hunters” to Go Tracking Down Ne’er Do Wells Who Scammed Them Out of Bounce Back Loans for a Share of Any Recoveries – Early Results Reported as Being “Impressive”

Not sure how to describe the group that one major BBL Lender has teamed up with to recover dodgy Bounce Back Loans, I am stuck between “Swat Team” or “Bounty Hunters”, but either way they have been getting some impressive results very recently […]

Subscriber Special

You Should NOT Be Pursued for More Than 12 Months for the Recovery of an Unpaid Bounce Back Loan – Read and Watch the Official Statements / Comments from BEIS, the Financial Conduct Authority, and the National Audit Office

This will be of interest to anybody that has sadly defaulted on their Bounce Back Loan and will help you sleep well at night. Here are official comments and statements from Government Departments confirming that 12 months is the time limit chosen as the cut off point for any BBL Lender or their nominated debt collectors to try and pursue BBL recoveries. […]

Subscriber Special

Had a Recent Letter from Your Bank Requesting Additional Information About Your BBL or Business? If So Read This Strategy Adopted By BEIS For The Recovery of “Irregular” Bounce Back Loan Payments As It May Explain It

Here is the latest from the Department for Business, Energy & Industrial Strategy on how they are tackling recovering fraudulent Bounce Back Loans, or as they prefer to call them “irregular loan payments”. You may find this helpful if you have suddenly received out of the blue a letter from your bank requesting additional information about your Bounce Back Loan, years after you applied for it and got it. […]

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 […]

FCA Shockers

Letter The FCA Have Sent to the Chairs of Several Lenders Telling Them to Stop Trying to Scam The BBL Scheme and to Stop the Abuse of SMEs and Those With a Bounce Back Loan

It is not only a number of applicants who scammed the Bounce Back Loan Scheme, for as the Financial Conduct Authority revealed just the other day, many lenders are pulling all kinds of stunts to keep their guarantees on those loans safe, mainly by treating SME customers unfairly and as such they are not abiding by the rules. […]

FCA Shockers

The Financial Conduct Authority Drops a MOAB On The Bounce Back Loan Scheme Revealing All Manner of Shady/Dodgy Goings-on With Lenders Behind the Scenes

What a surprise, having taken 100’s of calls already on my Fireside Chatline, and spoken to no end of people being treated appallingly by Bounce Back Loan Lenders and/or their third-party agents, the latter who seem equally as gormless/clueless in many instances as the bank staff, the FCA have just dropped a Mother of All Bombs on the already imploded BBL Scheme. […]

BBL Complaints and Outcomes

Close Brothers the Bank Lord Agnew Has Shares In Treats a Customer Appallingly and Stops Him Getting a Bounce Back Loan and One of Their Agents Send Him a “The Police Are Desperate to Arrest You” Message The Ombudsman Steps in and Gives Them a Good Slapping

Nothing shocks me anymore, and here is a tale and a half, regarding the utterly shocking way Close Brothers the bank that Lord Agnew has shares in treated one of their customers, it includes threatening messages and all manner of other wrong doing. […]

Premium Content

Since June 2021 The Government Has Been Checking Business Turnover Figures From HMRC Data With The Turnover Figures Declared on Bounce Back Loan Applications

It will come as no surprise that the top “fraud” risk of the Bounce Back Loan scheme was the over-egging of turnover figures. In fact, it does appear to be more widespread than anyone could imagine. However, let us not forget that there was a great deal of confusion surrounding the turnover figure […]

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/

Compensation

BBL Compensation

Barclays Have Been Forced to Pay £300 Compensation to a Customer for Not Being Clear with Bounce Back Loan Repayment Figures – Put Your Claim In For Compensation If You Are in the Same Boat – You May Just Be

As you will see below, Barclays have just been told to pay one of their Bounce Back Loan recipients £300 for not being clear with the amount they have to repay on their Bounce Back Loan, please read and digest this outcome and put your claim in for compensation if you are in the same boat. […]

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 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. […]

FCA Shockers

FCA Shockers

Letter The FCA Have Sent to the Chairs of Several Lenders Telling Them to Stop Trying to Scam The BBL Scheme and to Stop the Abuse of SMEs and Those With a Bounce Back Loan

It is not only a number of applicants who scammed the Bounce Back Loan Scheme, for as the Financial Conduct Authority revealed just the other day, many lenders are pulling all kinds of stunts to keep their guarantees on those loans safe, mainly by treating SME customers unfairly and as such they are not abiding by the rules. […]

FCA Shockers

BEIS Once Led By Kwasi Kwarteng Appear Not Arsed About the FCA Report Into Lenders Abusing BBL Customers – The FCA However Are Eager to Talk they Know BBL Lenders are Scamming the Scheme

“The FCA (Financial Conduct Authority) is a part of the government and BEIS (Department for Business, Energy & Industrial Strategy) is also a part of government, and so we would not provide a commentary on another part of government’s report” was the reply I got after asking BEIS for a comment on the shocking report compiled by the FCA regarding abuse of SME customers and those with a Bounce Back Loan. […]

FCA Shockers

The Financial Conduct Authority Drops a MOAB On The Bounce Back Loan Scheme Revealing All Manner of Shady/Dodgy Goings-on With Lenders Behind the Scenes

What a surprise, having taken 100’s of calls already on my Fireside Chatline, and spoken to no end of people being treated appallingly by Bounce Back Loan Lenders and/or their third-party agents, the latter who seem equally as gormless/clueless in many instances as the bank staff, the FCA have just dropped a Mother of All Bombs on the already imploded BBL Scheme. […]

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

BBL Door Kicker Files

Bounce Back Loan Door Kicking Police Squad Launch Pre-Christmas Strike in Roade, Northampton & Shefford, Central Bedfordshire and Arrest Two People for Conspiracy to Commit Bounce Back Loan Fraud and Money Laundering

Two people were arrested in a joint operation led by NATIS Investigators, working alongside Officers from Northamptonshire and Bedfordshire police forces. The two people were arrested as part of a joint National Investigation Service (NATIS), […]

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

UPDATED – 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

UPDATED – 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

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

Metro Bank came in seventh place as the Bounce Back Loan lender that lent the most during the lifetime of that scheme, they appear to love putting in the claim for the Gov Guarantee rapidly and have been getting their money back at speed too.  Find out how they are handling BBL Arrears, Defaults and claiming on the BBL Government Guarantee.  […]

League of Shame

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

Starling Bank came in sixth place as the Bounce Back Loan lender that lent the most during the lifetime of that scheme, Lord Agnew has accused them of all manner of dodgy/shady going-on, whether they are guilty of such or not, time will tell.  Find out how they are handling BBL Arrears, Defaults and claiming on the BBL Government Guarantee.  […]

League of Shame

UPDATED – 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

UPDATED – 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. […]

League of Shame

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

NatWest came second in the table of Bounce Back Loan lenders that lent the most, whilst they did make the occasional error when processing some of those loans, they are prepared to help anyone who is in difficulty repaying one of those loans. 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/

BBL Complaints

BBL Complaints and Outcomes

NatWest Turn a Customers Bounce Back Loan Into a Standard Non-BBL Business Loan With No Government Guarantee and No PAYG Options – Ombudsman Says That’s Perfectly Fine

Missing the cut-off date for businesses to be eligible for the Bounce Back Loan scheme by one day sees this NatWest customer missing out on the PAYG options and the Government Guarantee on their BBL and having it turned into a non-BBL business loan, and the Ombudsman says the bank can do that. […]

BBL Complaints and Outcomes

Funding Circle Staff Access Customers Social Media Accounts, Use a Chunk of His Bounce Back Loan Funds to Clear Another Loan With Them Then Demand the BBL Back as He Already Had One – Ombudsman Doesn’t Uphold Complaint But He Got a Few Quid in Compensation

Here is a rather long and drawn out BBL complaint, in fact it is made up of two separate complaints, that revolve around Funding Circle and how they treated a customer. Ultimately the customer did get compensation, but the complaints were not upheld. It wrecked my head reading it, but see how you get on! […]

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

11 Year Ban Handed Out to a Company Director for Over-Egging His Business Turnover to Get a £50k Bounce Back Loan off NatWest When Only Entitled to a BBL of Around £11,000

The number of slapping’s being handed out for over-egging turnover to secure a Bounce Back Loan higher in value than a business was entitled to, which by the way is discovered when an Insolvency Practitioner submits his or her report to the Insolvency Service, is still on the rise, and here is another one. […]

The Disqualification Files

Lloyds Bank Sees Another £50k Bounce Back Loan Turning Bad as a Company Director is Slapped with a 10 Year Ban for Over-Egging His Turnover to Get That Loan and Not Repaying It

I am fast approaching 1000 Company Directors, Sole Traders and even people who did not have a business that I have tracked who have been hit with a Disqualification or a Bankruptcy Restrictions Order for Bounce Back Loan wrongdoing, and here is one of them that resulted in him being given, just the other day, a 10 year ban. […]

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

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

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

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

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. […]

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

Barclays Have Been Forced to Pay £300 Compensation to a Customer for Not Being Clear with Bounce Back Loan Repayment Figures – Put Your Claim In For Compensation If You Are in the Same Boat – You May Just Be

As you will see below, Barclays have just been told to pay one of their Bounce Back Loan recipients £300 for not being clear with the amount they have to repay on their Bounce Back Loan, please read and digest this outcome and put your claim in for compensation if you are in the same boat. […]

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 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