Rejected petition Banks to scrap credit checks on feeder accounts
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.
More details
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
This petition was rejected
Why was this petition rejected?
It’s about something that the UK Government or Parliament is not directly responsible for.
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.
We only reject petitions that don’t meet the petition standards.