Banks and BBLs

Are Barclays Telling the Truth about Problems Customers Had Opening Business Accounts Whilst the Bounce Back Loan Scheme Was Live? Read Their Official Response

I heard plenty of complaints about Barclays relating to SME’s trying to open business accounts with that bank with the aim of getting an account opened and then going on to try and apply for a Bounce Back Loan, today you can find out what one of their bosses has to say on that subject and other related questions she has answered. […]

Banks and BBLs

Starling Bank Finally Make Live the BBL PAYG Options But Are Demanding Repayment in Full From Some LTDs and HSBC Are Delaying Those Options for Some SMEs Too

It looks like Starling Bank have finally given in to pressure to get their PAYG BBL Options live but be warned they are monitoring Companies House and demanding repayment of Bounce Back Loans in full if anything is amiss, and HSBC are delaying the activation of those options for some SMEs too. Feedback received also indicates that HSBC […]

Banks and BBLs

An Insight Into Barclays Bounce Back Loan Snatch Backs and Defaults, Looks Like They Are Giving SMEs Options Before Farming Them Out to Debt Collectors

Worryingly, I have had a slew of complaints about Barclays demanding repayment of BBLs sent to me over the weekend (for various different reasons) and today I will give you an insight into what they are offering one of those customers by way of options for repayment before they farm them off to their collections team and/or debt collectors. […]