The Disqualification Files

After Obtaining a £50k Barclays Bounce Back Loan By Over-Egging the Business Turnover and Using Most of It For Personal Use, Then Taking the Insolvency Route Leaving the BBL Unpaid a Company Director Gets Slapped with a 10 Year Disqualification.

A large number of the disqualifications being handed out for Bounce Back Loan wrongdoing are for 10 years and the wrongdoing with often sees that level of ban being given is for over-egging turnover and using the BBL for personal use, which is just what the Company Director in this case did. […]

Todays News

Subscriber Special – Watch Unseen Footage Revealing the Apparent Official Story on the Mystery of Why Bounce Back Loans Are Not Showing on Credit Files – Do You Believe It?

What better way to try and discover why Bounce Back Loans are not currently showing on credit files than asking the Government Department tasked with overseeing that scheme and the organisation representing most of the BBL lenders. Ask them I did, and here is the footage of that conversation, make up your own mind on whether you believe the answer given. […]

Subscriber Special 3

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

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. […]

 BBL Legal Advice
BBL Complaints and Outcomes

Ombudsman Decrees That HSBC Did Take Reasonable Steps to Make a Customer Aware a Bounce Back Loan Wasn’t Subject to the Usual Protections of the Consumer Credit Act Despite The FCA Saying Banks are Not Following the Rules on Protections That Are in Place Anyway

Here is a prime example of why the Bounce Back Loan Scheme is imploding, well it already has. This case is one in which the Financial Ombudsman Service says one thing, whilst the Financial Conduct Authority supplies proof of the opposite. […]