Month: January 2026

Dirty Secrets

The PSFA are Currently Chasing “Blaggers” Who Got Multiple BBL’s, However, I Can Reveal that the Government, Due to the Complexities of the Interpretation of the Word “Group” in the Guarantee Agreement Which was Causing Confusion to Lenders (and Applicants) They Amended Their Guidance to Lenders Weeks After the Scheme Launched, But Continue to Keep it Secret from Borrowers, Who Therefore May Have Fallen Foul of that Guidance Initially – Here is That Guidance, Revealed for the First Time

January 5, 2026

Whilst I am sure the Government wouldn’t be so evil as to go after those in a Partnership, LTD Company Directors and Sole Traders who innocently got one BBL for each of their multiple companies or businesses, it is best that you are armed with the facts if they do, and with that in mind here is a document that has never been revealed before to anyone bar the Government and BBL Lenders, which could and would have stopped people, from making an innocent mistake. […]

BBL Complaints and Outcomes

NatWest Cross Default a Customers Bounce Back Loan and Close Her Business Account After Requesting She Pays Back Her Company’s Small Overdraft (Which She Promptly Did) – Ombudsman Says You Can’t Do That and Orders Them to Restore the BBL – View the Rules on Cross Defaults

January 5, 2026

As you will see in the official BBL rules below, that I have had on the website for quite some time, it clearly states “No Cross Defaults”, that rule was used by Louise Bardell, an Ombudsman, to fairly reach an outcome of this case. […]

BBL Legal Advice
BBL Complaints and Outcomes

A Customer of RBS Requests a Pay as You Grow Option on Her Company’s Bounce Back Loan But the Bank Sends Her a Link for Another Bank and the Request Obviously Gets Rejected and Full BBL Repayments are Taken – Ombudsman Doesn’t Uphold the Complaint as the Bank Repaid the Payments Taken

January 5, 2026

Here we are years after the BBL Scheme went live and banks are still making the most basic mistakes when it comes to servicing their customers’ requests, read on for the details of this case. […]