Kicking the BBL Default Can Down the Road – The Take Up of PAYG Options on Bounce Back Loans and the Number of BBLs in Arrears and How Many BBL’s are in Default
There is a lot of “massaging of figures” going on […]
There is a lot of “massaging of figures” going on […]
A total of 333 Bounce Back Loan guarantee claims have been paid out to TSB as of the end of March this year, and here is a case involving one of their BBL’s that saw a Company Director hit with an 11-year disqualification for wrongdoing associated with a BBL. […]
These four not so bright sparks abused the Bounce Back Loan Scheme in the manner described, and whilst bagging a total of £170,894 collectively in BBL’s, after taking the bankruptcy route to try and get off paying them back, they have been hit with the respective Bankruptcy Restrictions Order. […]
What a wonderful world we live in, with the figures released yesterday from the British Business Bank detailing the guarantee claims put in and received by BBL lenders, which mirror those I revealed months ago, they prove beyond any doubt some of those lenders are following the rules on fairness, and a word of thanks needs passing onto them. My phone didn’t stop ringing all day yesterday, and it won’t stop today and moving forward, with people asking what the odds are on their lender fast tracking the guarantee claim […]
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