Just a quick reminder that tomorrow the 17th of November the EUA Campaign are holding another event in London, and Wasif Mahmood the Lead Lawyer from Back British Business will be there giving a speech […]
Compared to some cases I have seen recently, a four year disqualification is quite low, when a business owner winds up their Company and they have been found to have done some form of wrongdoing involving a Bounce Back Loan. […]
Imagine applying for a Bounce Back Loan, getting one, then when top ups became a thing, you applied for one and got it, only for the bank to then go on to block your account, […]
One has to wonder if someone had mistakenly entered a higher turnover figure what would happen, well I bet the bank would be screaming blue murder and demanding their BBL back […]
I recall how some banks such as Lloyds Bank, flatly refused to open up new accounts for non-customer SMEs eager to access the Bounce Back Loan scheme. Despite requests from Government for all lenders to […]
In light of Danske Bank having been found guilty of a second breach of the Small and Medium-sized Enterprise (SME) Banking Behavioural 2002 Undertakings that I reported yesterday, today I look at another two banks […]
The number of banks there were part of the Bounce Back Loan scheme that have been found guilty by the Competition & Markets Authority of ripping off, cheating, scamming, call it what you will, their […]
A Company Director applied for a Bounce Back Loan with Barclays, was approved for that loan and it was paid out, however a subsequent review of the loan application revealed the incorporation date of the Company […]
Today I present to you even more proof of why the Members of the House of Lords were wrong to vote down an amendment to give those with a Bounce Back Loan more protection, many of them had financial interests with BBL lenders and one in a bailiff firm when they voted by the way. This case is a shocking one regarding TSB who accuse a Sole Trader of all sorts, but low and behold that SME went on to get a BBL elsewhere eventually. […]
With so many people now receiving snatch back letters and demands for the immediate repayment of a Bounce Back Loan (I spoke to several people only yesterday that have just received such a letter and demand), today I present to you a ruling on one such case in which you will see one minor mistake in applying resulted in the Financial Ombudsman not upholding the complaint. […]
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