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Martin Lewis explains how almost anyone can get an interest-free loan for a year - of up to £50k

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www.dailyrecord.co.uk

Martin Lewis was back on television on Thursday night offering financial advice and guidance to viewers on several coronavirus-related topics.In another special edition of The Martin Lewis Money Show, live from his London home, the financial guru issued updated guidance on cash refunds, insurance payment holidays, self-employed Income Support payouts and the new UK Government Bounce Back Loan Scheme.The UK Government small business Bounce Back Loan Scheme can be used by the self-employed to support their income if they have no other support.The 100 per cent, state-backed loans for up to £50,000 have been available since Monday, May 4.The loans are interest and payment-free in the first year - so pay it off then and there are no additional

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