I am repeatedly being asked what I feel is the likelihood of each of the Bounce Back Loan accredited lenders experiencing defaults with those loans, and the chances of them uncovering fraud committed by those they gave out those loans to, so today I will give you an insight into that based on cold hard facts. […]
Having listened to Paul Thwaite, CEO of Commercial Banking, NatWest Group try and explain his banks actions during the Bounce Back Loan scheme, it is apparent he has not really got a clue what is going on behind the scenes. […]
Some banks accept some of their customers will default, and Ann Boden from Starling Bank has gone on record as making that point known, and she has said Sole Traders especially should be offered something special when they have no other option to default. Let’s look at what she has said. […]
I will be covering some of the compensation related stories regarding Bounce Back Loans moving forward, for I do know many of you are interested in finding out if you can claim compensation for delays and being messed about by the banks and lenders that were part of that scheme. […]
I received a message yesterday evening from a follower who had secured a Bounce Back Loan from NatWest back in the first few weeks of the scheme, in which they told me that they had just received a “Letter of Demand” from the bank informing them that an “Event of Default” had occurred, and they want the money back. […]
Copyright © 2020 - 2024 | Mr Bounce Back | Contact | Disclaimer | Privacy Policy | Corrections and Updates | Terms and Conditions |