Banks have been criticised by companies and MPs for insisting directors put their own property or savings up as collateral before they are approved for the emergency loans.'Simply not responsive'
"We can't have a situation where banks are approached by successful small firms and lenders offer up business as usual products," he said."This is not business as usual."He said millions of firms were at risk of collapsing because they were in need of urgent help that has not been made available. "Too many small businesses report long delays, high interest terms and being asked for personal guarantees."
About time the banks were told. They seem to av 4gotten who bailed them out n now they r trying to get out of helping ppl. They've stopped dividends to save money n shud use this to help taxpayers
Banks are screwing us every way they can
Banks are the most corrupt institutions.
Did the bank's pay interest when the govt bailed them out? They're now charging up to 30% interest on loans for business and pretending to help those struggling by offering them payment holidays whilst still charging them interest!!
EVEN WHEN SURROUNDED WITH DOUBTS HAVE THAT FAITH YOU ARE ABOUT TO START EARNING WITH A GENUINE TRADER DM ME WHO HAVE EVERY INVESTORS INTEREST AT HEART.
This COVID-19 has really taught capitalism a lesson.
Name and shame those banks saying no , need to make sure people can move their accounts once we highlight who these wankers are
It's time to break up the banks. They've taken the piss for far too long.
are w'saying ..Awh which Regiment should self execute ..ol' boy
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Source: The Guardian - 🏆 84. / 53 Read more »