Vulnerable
Subscriber Special – Here Are the Documents Many Bounce Back Loan Lenders Will Request You Fill In When They Want to Mark You As Vulnerable Sole Trader or Ltd Company Director and Tell the Government They Are Not Pursuing You for the BBL Debt, and Often Lift Any Ltd Company Strike Off Blocks
Having had their backsides slapped by the Financial Conduct Authority for not ensuring they treat vulnerable Bounce Back Loan Borrowers sympathetically, and having been told by the Government they should not pursue vulnerable BBL Borrowers if they cannot afford to repay their BBLs, Lenders are doing all they can to make sure they do not fall foul of those requests. […]