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could bounce back loans be used to pay personal credit cards at an higher rate or loans off

Hesel18 · 2020-05-05 13:48:30

In theory could you use a bounce back loan to pay off personal loans or credit card balances which are charging an higher rate? if not how will the government know what those taking these loans are spending them where they say they should?

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Sara3365 Posts: 4 Newbie

6 May 2020 at 4:34PM

Thanks for your time. Check out the Lloyds "Difficulty in Business" Questionnaire for anyone interested: pretty tough if you've been impacted by Brexit in the last 3 years as well - sorry I couldn't publish a link as not a member long enough.

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could bounce back loans be used to pay personal credit cards at an higher rate or loans off

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