Yorkshire Bank appear to be telling those unable to repay their bbl, either the interest only or the full repayment amount they will default you after 90 days and then a month later will claim on the guarantee and try and offer a repayment plan at that point. As you will see from the reply from that bank […]
A couple more cases of Bounce Back Loan wrongdoing to report today, both of the Sole Traders featured ended up with a Bankruptcy Restrictions Order for using their Bounce Back Loans for personal benefit and not for the economic benefit of their business. […]
It does look like fraudsters from all over the UK helped themselves to a small fortune when ripping off the Bounce Back Loan scheme, and here are the details of recent police raids in Swindon and Melksham as part of ongoing investigations. […]
It has been a while since I last published a range of complaints that the Financial Ombudsman Service have both received and have ruled upon regarding Bounce Back Loans from a range of lenders, and as such today I present to you another five of them. […]
Trying to make sense of who out and out defrauded the Bounce Back Loan and CBILs schemes, along with ripping off the Local Authority Business Grant schemes is going to take quite some time, however plenty of people have already been arrested for such crimes. So far a total of 65 people have been arrested for […]
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