Banks and BBLs Archives

Another Day Another Batch of Default Notices Sent Out – This Time It is the Turn of Starling Bank to Demand Repayment of Bounce Back Loans

May 7, 2021

Once again, I have been contacted by customers of a BBL accredited lender, this time it is Starling Bank, letting me know they have been sending out more “Default Notices” in which they demand an immediate repayment of a Bounce Back Loan, and as you can see from the following email, they are somewhat impersonal. […]

HSBC Sending Out EchoSign Reminders About Bounce Back Loan Repayments and Pay As You Grow Options

May 6, 2021

For those of you with a Bounce Back Loan from HSBC, be aware they are, two months before your repayments are due, sending out EchoSign’s reminding you of the fact, and letting you know what to do if you want to take any of the PAYG options if you are someone who got an HSBC BBL via a Feeder Account. Here is the standard letter you will receive via that EchoSign. […]

Another Week Passes and Another Week of Bounce Back Loan Snatch Backs, Cifas Markers, Financial Ombudsman Delays and Many Other BBL Related Problems

May 2, 2021

It will be one year this coming Tuesday since the Bounce Back Loan scheme launched, and not a week passes without me being inundated with complaints from those who managed to get one of those loans, so today I will look at some of their complaints. […]

Lloyds Bank Demanding Repayment of Bounce Back Loans With No Apparent Way Of Appealing Their Decision

April 27, 2021

Most days I am sent over letters from some people who have got a Bounce Back Loan sent by the bank they got one from demanding repayment of those loans, below you can see one typical such letter which is sent out by Lloyds. Annoyingly, as you can see, there appears to be no apparent way to appeal this decision. […]

How Barclays Compensated One Customer for Locking Their Accounts and Refusing to Give Them Access to Their Bounce Back Loan for Three Months

April 25, 2021

I think those of you that were messed about by Barclays when it came to applying for a Bounce Back Loan would agree, some of their staff are not the brightest of people. In fact, having seen the way some of their employees invented non-existent rules when declining BBLs I would agree with you. Today, I will look at one customer and how Barclays decided to work out their compensation for having locked their accounts and access to their BBL for 3 months. […]