Premium Content RLS – Mr Bounce Back – Bounce Back Loan Complaints and Scandals

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[ March 22, 2023 ] Rishi Sunak’s Tax Return Has Been Sneaked Out Under the Cover of Boris Johnson Being Grilled by the Committee of Privileges – Come and Take a Look At It Todays News
[ March 21, 2023 ] Company Director Blags SIX Bounce Back Loans for His Six Businesses By Over-Egging The Turnover of Each of Them, Leaves Each Loan Unpaid and Walks Off With a 10 Year Ban The Disqualification Files
[ March 18, 2023 ] So You Have Missed 3 Bounce Back Loan Repayments, Received the Demand for Full Repayment and Default Letters, 12 Months Later the Lenders Nominated Debt Collector Has Given Up Trying to Contact You, What Happens Now? Subscriber Special
[ March 16, 2023 ] Getting a £25k Bounce Back Loan Off HSBC When Only eligible for a BBL Worth a Tad Over £10k By Over-Egging His Company’s Turnover Leads to an 8 Year Disqualification The Disqualification Files
[ March 16, 2023 ] Over-Egging His Company’s Turnover to Blag a £50k Bounce Back Loan Off Barclays Leads to Another Company Director Getting a 10 Year Ban The Disqualification Files
[ March 16, 2023 ] Joint Directors Both Slapped with Extremely Lenient 4 Year Disqualifications for Not Using Their Company’s Bounce Back Loan from Metro Bank for the Benefit of that Business The Disqualification Files
[ March 15, 2023 ] Blagging a £50k Bounce Back Loan Shortly After Signing a Striking off Application to Get His Business Dissolved and Not Telling the Bank Leads to a 6 Year Ban The Disqualification Files
[ March 15, 2023 ] Using Funds from His Company’s Bounce Back Loan for Personal Benefit and Not Supplying any Accounting Records to the Liquidator Leads to a 7 Year Disqualification The Disqualification Files
[ March 15, 2023 ] Taking the Insolvency Route Led to a Liquidator Uncovering an Over-Egged Turnover Regarding a Metro Bank Bounce Back Loan Application, Which Has Resulted in a 10 Year Ban for a Company Director The Disqualification Files
[ March 14, 2023 ] Bagging Two Huge Coronavirus Business Interruption Loans for His One Single Business Using False Bank Statements Leads to a 12 Year Disqualification The Disqualification Files
[ March 13, 2023 ] Not Using a £50k Santander Bounce Back Loan and a £50k Barclays BBL for the Benefit of His Two Businesses Leads to an 11 Year Ban The Disqualification Files
[ March 13, 2023 ] 12 Year Ban for Company Director Who Purchased a Dormant Company Then Went on to Blag Starling Bank Out of a £40k Bounce Back Loan The Disqualification Files
[ March 13, 2023 ] Using the Majority of Her Company’s £50k Barclays Bounce Back Loan for Personal Benefit and Leaving it Unpaid at Liquidation Leads to a 6 Year Ban The Disqualification Files
[ March 10, 2023 ] The Chef, The Model and the Missing Millions – The Inside Story of a Crime Gang That Stole Millions of Pounds in Bounce Back Loans Subscriber Special
[ March 9, 2023 ] Man Claims He Was Approached on a Building Site and Offered £2k in Cash to Become a Director of a Company Which Went on to Blag £30k in Business Support Grants and a £50k Bounce Back Loan, He Has Just Been Given a 6 Year Ban The Disqualification Files

March 22, 2023

Barclays Finally Sending Out Text Messages Acknowledging Recovery Loan Applicants – But Be Warned About the Bank Referral Scheme

April 9, 2021

Just a quickie for those of you that have been asking about Barclays, they have just sent out a mass batch of text messages, similar if not identical to the one below: […]

When are the likes of Starling Bank and Metro Bank Going to be Offering Recovery Loans?

April 8, 2021

Based on a recent poll I ran, around 60% of business owners who want to apply for a Recovery Loan are currently waiting for their bank to start offering them, well if you are one such person waiting for the likes of Starling Bank or Metro Bank, I have the reason why they are not offering them yet but can give you an idea of when they will be doing so. […]

HSBC Eager to Offer Recovery Loans – But What are the Chances of Getting One?

April 7, 2021

I have been contacted by some of my army of followers on Twitter and beyond regarding their experiences of applying for a Recovery Loan with HSBC. So, as always, let me pass on that information to you so that you can make a well balanced decision as to just what your chances are of getting and what you will need to do to apply. […]

Lloyds Bank Turn from King of the Castle into the Dirty Rascal with Recovery Loans

April 7, 2021

Many people, myself included, had nothing but praise for the way Lloyds Bank handled their Bounce Back Loan facility, they had to break banking rules to fire them out the door rapidly, and took on the chin the slapping they got from the regulator for doing so, but sadly they have changed when it comes to Recovery Loans. […]

Clydesdale Bank Takes the “Easy” Option (for them) When it Comes to Offering Recovery Loans

April 7, 2021

Having had plenty of time to design their respective Recovery Loan facilities, a number of lenders have put a system in place that allows them (the lender) to take an easy option so to speak, and that is certainly the case with Clydesdale Bank. […]

Who Let Santander Cherry Pick Who to Offer Recovery Loans To?

April 7, 2021

The Recovery Loan Scheme descended into farce yesterday (the day it went live) in many ways, and I will of course be looking at those business loans in the days and week ahead. However, today I want to dedicate a little bit of time to the unbelievable way that Santander have chosen to offer those loans. […]