Subscriber Special 3 Archives

Barclays Using Credit Style Debt Collectors and Other Agencies to Chase Their Bounce Back Loan Recipients That Miss Payments and Go Into Default Take a Look at The Letter They Send Out

July 21, 2022

This quick guide will let you know what to expect along with a copy of the letter they tend to send out when you end up in arrears with your Bounce Back Loan and Barclays demand it back and default you. […]

Subscriber Special – A Glimpse Into How HSBC Designated Bounce Back Loan Debt Collectors “Moorcroft” Are Wording The Letters They Send Out When That Lender Puts You Into Default

July 21, 2022

I know many of you are waiting for the day when your Bounce Back Loan goes into default, and it is usually after 3 missed BBL repayments that the lender will send you out a demand for full repayment and then put you in default. […]

Banks Asking Some Bounce Back Loan Recipients to Verify Business Turnover and Advising Them They May Share Information Supplied on the Original Application with HMRC to Check If It Is All True and Valid

July 19, 2022

Here is a copy of a letter sent out to Barclays customers, but you can be assured all the other Bounce Back Loan lenders will be following the same route, if they have suspicions you over-egged your turnover to get a bigger BBL than you were eligible for. […]

Subscriber Special – Guide to Bounce Back Loan Related Account Reviews and Safeguarding – Odds-On They Will Ultimately Demand the BBL Back

July 16, 2022

Here is my guide for those of you who are experiencing an account review or safeguarding exercise with Santander or HSBC or for that matter any of the other Bounce Back Loan lenders. It will let you know what they are up to and what to expect. […]

This Is What a Standard Income/Outcome Form Looks Like Which Needs Filling In When To Show Your Lender You Cannot Afford to Repay Your Bounce Back Loan

June 3, 2022

Many of you have been asking me what the Income/Outcome form some Bounce Back Loan Lenders use to get you to prove you cannot afford to repay your BBL. look like, and what questions need filling in. With that in mind below you will see one such standard form. […]