I received a message yesterday evening from a follower who had secured a Bounce Back Loan from NatWest back in the first few weeks of the scheme, in which they told me that they had just received a “Letter of Demand” from the bank informing them that an “Event of Default” had occurred, and they want the money back. […]
Whilst I know many of you have failed to get one Bounce Back Loan, some people have had lots of them, and today I will be taking a quick look at the background to one such person, who managed to bag 36 BBL’s. […]
Just a quick update, I have been contacted by many […]
The last but one set of official figures have just […]
The one question I did get asked a lot during the lifetime of the Bounce Back Loan scheme, was “shall I transfer it out” when the funds finally dropped into an applicant’s bank account. Now you may ask yourself why someone who had just secured a Bounce Back Loan would want to move it to another account, well one reason was many banks had acquired a track record for approving BBL’s, paying them out to customers then out of the blue snatching them back. […]
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