Have your say on government e-petitions

Banks to scrap credit checks on feeder accounts

Submitted on Thursday 23rd July 2020

Rejected on Thursday 30th July 2020

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Banks to scrap credit checks on feeder accounts

Petition Details

We would like parliament/government to make the banks who are refusing feeder accounts, to waive the credit checks. It is to be expected that the banks carry out fraud checks and provide proof of your business.

Additional Information

Make it possible for every business that is entitled to a bounce back loan to be able to obtain one.
Regardless of credit background.
Businesses have followed the government's guidelines and closed their business. Now they ALL need to be able to access the Bounce back loans


You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!

This petition was rejected

The Government e-Petitions Team gave the following reason:

We understand that you are concerned about the way banks are providing loans under the Bounce Back Loan scheme, but it's not clear exactly what action you want the Government to take.

The Government is guaranteeing loans provided under the Bounce Back Loan Scheme, but the process for granting loans under this scheme is a matter for individual lenders, and not the Government or House of Commons.

You could start a petition calling for the Government to stop banks from providing loans under this scheme if they fail to meet certain conditions, such as refusing loans to applicants who meet the Government's eligibility criteria.

Have your say on this petition!

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