The day I thought would never arrive finally has arrived, that being March the 31st 2021, and today is the day when the Bounce Back Loan Scheme finally comes to an end. I have shared […]
Currently there is a huge backlog of complaints regarding Bounce Back Loans in with the Financial Ombudsman Service. It is true and fair to say, that it is going to take them ages to work their way through them all, and in typical fashion, the boss of the Financial Ombudsman Service legged it out the door so to speak recently and resigned […]
They do say “all good things must come to an end”, and I will leave it up to you to decide if the Bounce Back Loan scheme could ever be called “good”, however that scheme […]
Having listened to Paul Thwaite, CEO of Commercial Banking, NatWest Group try and explain his banks actions during the Bounce Back Loan scheme, it is apparent he has not really got a clue what is going on behind the scenes. […]
Some banks accept some of their customers will default, and Ann Boden from Starling Bank has gone on record as making that point known, and she has said Sole Traders especially should be offered something special when they have no other option to default. Let’s look at what she has said. […]
This is the last but one video I will be putting together with a round up and overview of some of the many messages I received, and this one covers week 47 of the Bounce […]
Not long left now until the Bounce Back loan scheme ends to be replaced by what many people fear will be a poor imitation of that scheme, that being the Recovery Loan scheme. Anyway, below […]
I will be covering some of the compensation related stories regarding Bounce Back Loans moving forward, for I do know many of you are interested in finding out if you can claim compensation for delays and being messed about by the banks and lenders that were part of that scheme. […]
You will find some banks may offer you compensation if you complain directly to them about any Bounce Back Loan related problems you have experienced, but you can take your complaint to the Ombudsman, just be aware they are backlogged with complaints so are taking quite some time to reply with a ruling. […]
I have been wondering, dear website visitor, why has Rishi planned to launch the Recovery Loan Scheme with a £25,000 minimum loan amount? Why has he structured it in much the same way as the […]
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