questionText: To ask the Secretary of State for Business and Trade, what her Department's policy is on lenders threatening to charge additional fees and penalties on the repayment of loans under the Bounce Back Loan Scheme; and whether her Department has taken enforcement action against such lenders.
answerText: As part of the scheme design, no early repayment fees or other lender-levied fees of any type following drawdown were permitted.The Lender Audit and Assurance Programme verifies appropriate administration of Covid Loan Scheme portfolios by accredited Deli...
heading: Bounce Back Loan Scheme