Planning Ahead

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,

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

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 Complaints and Outcomes
 BBL Legal Advice
New Year

Watch as a Barclays Boss Explains That If You Over-Egged Your Turnover to Get a Bounce Back Loan from Her Bank and Are Paying it Back or Have Paid it Back, That Won’t Get Classed as Fraud, If You Don’t Repay a Blagged BBL Then It Will Be Classed as Fraud – What a Time to be Alive!

As the powers that be get back to work after the Christmas and New Year breaks, many BBL blaggers will soon start receiving letters about their mischief, unless you are repaying a BBL that you blagged from Barclays, for as you will see below, as a boss of the bank says, it won’t be classed a fraud. […]