Subscriber Special 3 Archives

Bank Gets Their Backside Kicked for Defaulting a Customers Bounce Back Loan with the Ombudsman Saying She COULD Estimate Her Turnover and There Were NO RULES on How to Estimate It and HOW DARE YOU Accuse Her of Fraud

May 12, 2023

Hurrah! Ben the Ombudsman has finally (it has taken him quite some time) seen sense on “estimated turnover” Please read the following, it is long but digest it all. Including this bit “And it is important to note that there was no guidance as to how to calculate the estimate – including on what might (or might not) constitute a reasonable forecast.” […]

Credit Reference Agencies Responses to My Request for Detailed Information on Why Bounce Back Loans Do Not Appear on Credit Files or Do Not Seemingly Appear on Credit Files

August 4, 2022

I have asked all Credit References for an explanation, as to why Bounce Back Loans do not seemingly appear on Credit Files, I will be updating this page with their responses as they come in, and so far, these are the responses that I have received. […]

The Letter You Can Expect If you Miss Your Bounce Back Loan Repayments With Conister Bank Just Before They Demand The Entire BBL Back and Put You Into Default

July 26, 2022

Here is the standard letter that Conister Bank will send out to everyone who misses their Bounce Back Loan repayments, be aware that three missed repayments are usually deemed to be the trigger for a demand for full repayment and a default letter. Read more on your options and how enforcement of the BBL debt is not usually forthcoming […]

The Letter Lloyds Bank will Send You If They Think You Have Blagged a Bounce Back Loan from Them

July 21, 2022

As lenders try and mop up the mess caused by them offering Bounce Back Loans, today I will show you the letter that Lloyds Bank send those they suspect of blagging a BBL from them which includes details of what happens next. […]

Expect Contact from Dresden Fairfax Solicitors if You Miss Your Starling Bank Bounce Back Loan Repayments and Go Into Default This is the Letter They Send

July 21, 2022

Many people are telling me Starling Bank are offering to consider putting into place a repayment plan if you fall behind with your BBL repayments, as they are obliged to do, here is what they require, and also the letter you can expect from their debt collector if Starling put you in default: […]