Yesterday, October the 19th was of course the day when MPs had to debate extending the Coronavirus Act, so I decided to watch them performing that now 6 monthly event. It must have dawned on […]
The total number of Bounce Back Loans I have been tracking that have gone sour now stands at 48 with a combined total £1,707,914, as two more Directors have just been hit with 6 and 7 years disqualifications for not satisfying the Insolvency Service that their BBLs were used for the benefit of the business, here is an overview of those […]
The number of Bounce Back Loans that have so far gone sour is of course constantly rising in number, and will continue to do so for weeks, months and years moving forward. I have been […]
If you have any type of Bounce Back Loan complaint you have two options to get that complaint addressed and hopefully rectified, you can complain to the lender, but if they refuse to sort it […]
It will not surprise you to learn that many MPs and Members of the House of Lords have financial and other interests in lenders that are part of the Bounce Back Loan scheme and the […]
Here are the latest sets of figures relating to the number of Bounce Back Loans per Lender that are being repaid on schedule, have been repaid in full, along with the number of BBL’s that […]
I have found an interesting recent webinar that some of you may find helpful, or not, as the case may be. Two “experts” from Swoop Funding and Starling Bank discuss the Recovery Loan Scheme with […]
The official figures related to BBL defaults, arrears and guarantee claims put in by, and paid out to each lender are updated sporadically. However, I have dedicated a section of the website to each individual […]
The closely guarded secret that being the process that has been agreed between Bounce Back Loan lenders and the Government regarding the entire collections/recoveries procedure that must be followed has finally been revealed, come and take a look. […]
It is no surprise that many MPs did not have a clue about the inner workings of the Bounce Back Loan scheme and couldn’t help their constituents with BBL related problems when you discover the nonsense offered to them as guidance by way of documents related to the scheme available in the House of Commons Library. […]
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