Planning Ahead

BBL Lenders Have Responded to My Urgent Requests for Clarification on the Annual Statements That Have Started to Be Sent Out, That Show the Amount Still Owed When a BBL is Not Being Pursued Due to Vulnerabilities or When a Defaulter Discount Has Been Agreed and Paid – Read What They Have Said (It’s Good News)

I have been badgering quite a few Lenders this past week or two asking them why, when BBLs are not being pursued any longer due to customer vulnerabilities or when a customer has agreed and paid a final settlement (BBL Defaulter Discount) the amount left unpaid is still showing on the annual statements that borrowers have started to receive for the very first tim […]

Planning Ahead

What to do if Your Bounce Back Loan Mischief, Skulduggery or Even a Simple Mistake When Applying for it Comes Back to Haunt You in 2026 – Plus Dates and Schedules for BBL Enforcement Action and Write-Offs Coming This Year

Laws have been introduced, investigations carried out and enforcement teams have been assembled and for a lot of people, that niggling thought that sneaks up on them when they least expect it, that being their long defaulted Bounce Back Loan, and why Lenders have gone quiet and what are the Government planning, is going to rear its ugly head again at some point this year with something of a bang. For others however their BBL journey will come to an end this year, with their Bounce Back Loans officially being written off for good.
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