HSBC Boss Admits If They Suspect Someone Over-Egged Their Turnover to Get a BBL They Are Allowing Them to Repay Their Loan as Per the Original Repayment Terms

December 6, 2022 Bank Bosses

You may be aware that some people are receiving letters from their Bounce Back Loan Lender seeking clarification on the original turnover figures used to apply for their BBL.

Here is Karl Reid, Head of Lending UK Commercial Banking, HSBC saying they are allowing those that they suspect over-egged their turnover to repay those loans as normal as long as they didn’t commit much more serious “fraud”.

HSBC Boss Admits If They Suspect Someone Over-Egged Their Turnover to Get a BBL They Are Allowing Them to Repay Their Loan as Per the Original Repayment Terms

BBL Helpline

Hot Topics

Subscriber Special – Is This The Lowest Ever £50,000 Bounce Back Loan Repayment Plan? Just £1 Per Month – Take a Look at the Paperwork of the Deal Arranged That Will Take 4,166 Years and Six Months to Pay Off – What a Time to be Alive!

Subscriber Special – The Complete Procedure to Be Followed If You Are Now in a Position Whereby You Cannot Afford to Repay Your Bounce Back Loan – Its Quick and Simple, and as Long as You “Play the Game” Alongside Your Lender Who Is Also “Playing the Game” You Will Be Fine

Subscriber Special – Step By Step Guide to Getting the Maximum Bounce Back Loan Defaulter Discount – You Could, Like 10,000s of Others, Pay Just Pennies in the Pound and Have the Rest Not Pursued Legally and Legitimately By the Lender with No Further Action

Watch Your Backs

Subscriber Special – No Enforcement Action Expected For Most Bounce Back Loan Defaulters in 2024 or Beyond – Check to See Whether You Are Off the Hook or On the Radar for a Prison Sentence, Compensation Order and/or a Director Disqualification/Bankruptcy Restrictions Order