Banks and BBLs Archives

Revealed – The Likelihood of Each Accredited Bounce Bank Loan Lender Experiencing Defaults and/or Uncovering Fraud with Their Respective BBL Customers

April 23, 2021

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. […]

NatWest Playing Dumb with BBL PAYG Options for Customers They Closed the Accounts Of

March 30, 2021

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. […]

Anne from Starling Bank Says All Banks Need to Offer “Something Special” to Sole Traders who have to default on their BBL’s.

March 29, 2021

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. […]

Is This the Worst Bank Bounce Bank Loan Related Compensation Offer Ever? (Metro Bank)

March 28, 2021

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. […]

NatWest Letter of Demand “Event of Default” – Take a Look and See What You Think

March 27, 2021

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. […]