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
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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”.