BBL Summer of Love Archives

Lenders Intensify Efforts to Protect Their Reputations and Vulnerable Customers as New Covid Corruption Commissioner Approved Bounce Back Loan Recovery Initiatives Loom – Over 200,000 Defaulters to be Targeted in the Coming Weeks

June 17, 2025

I am in constant contact with the Covid Corruption Commissioner and have had meetings with him, and I am aware of what these new initiatives are, and will enlighten you once they are about to go live. […]

Warning Issued – Set Up An Affordable Repayment Plan ASAP If You Over-Egged Your Turnover (Either by Mistake or Otherwise) to Get a Bounce Back Loan as You Have One Final, Small Window of Opportunity to do the Right Thing Before No Nonsense Recovery Action Begins

June 17, 2025

Business owners who overstated their turnover to secure Bounce Back Loans (BBLs) during the pandemic are now on the radar of authorities, with their details compiled in an Excel spreadsheet held by the Department for Business and Trade. […]

A Reminder of How to Set Up a Repayment Plan on a Defaulted (But Possibly Not a 100% Legitimately Acquired) Bounce Back Loan, and an Insight Into What Each Individual Lender Will or Won’t Ask You During That Process

June 17, 2025

Not one of those people who have set up a repayment plan have been hounded in any way shape or form after setting it up, and that is something that will be continuing moving forward if you are quick. […]