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If you have defaulted on a loan or missed a credit card payment, you could easily be regarded as a bad credit risk by financial companies.
OUTLOOK Barclays trading statement seen upbeat; bad debts to dominate Sharewatch
Barclays has one of the biggest exposures to unsecured personal lending of any UK bank through its Barclaycard credit card business, and is regarded as vulnerable to rising levels of personal insolvencies and the growing popularity of debt management plans such as Individual Voluntary Agreements.
Barclays Card Defaults Will Limit 2006 Profit Growth Update9 Bloomberg.com
Nov. 28 (Bloomberg) -- Barclays Plc, the U.K.'s third-largest bank by assets, said credit-card defaults will limit this year's profit growth.
Avoid the Loan Sharks The Motley Fool
Convenience comes at too big a price.
U.K. Bankruptcies Soar as Loans, Card Debt Top $6,800 a Person Bloomberg.com
Dec. 1 (Bloomberg) -- Roland Snooks couldn't resist a good deal on a loan, and for 11 years, banks including Egg Plc and Abbey National Plc were happy to feed his habit.
OUTLOOK Highlights of US economic data to be released this week Sharewatch
TUESDAY, DECEMBER 5 Labor productivity in the third quarter is expected to have risen 0.2 pct, compared with the earlier estimate that productivity was unchanged in the three months from July to September.
Barclays Insolvencies to Limit Profit Growth in 2006 Update6 Bloomberg.com
Nov. 28 (Bloomberg) -- Barclays Plc, the U.K.'s third-largest bank by assets, said credit-card defaults will limit this year's profit growth. Loan writedowns at the Barclaycard credit-card division will increase at the same rate as in the first half, the company said in a statement.
Barclays Insolvencies to Limit Profit Growth in 2006 Update4 Bloomberg.com
Nov. 28 (Bloomberg) -- Barclays Plc, the U.K.'s third-largest bank by assets, said credit-card defaults will limit this year's profit growth. Loan writedowns at Barclaycard, the card division, will increase at the same rate as in the first half, the company said in a statement.
Barclays Says Insolvencies Will Limit This Year's Profit Growth Bloomberg.com
Nov. 28 (Bloomberg) -- Barclays Plc, the U.K.'s third-largest bank by assets, said consumer defaults at its credit-card unit will limit this year's profit growth.
British personal debt nears `Time Bomb’ levels The Economic Times
Jon Menon and Ben Livesey LODON: Roland Snooks couldn’ resist a good deal on a loan, and for 11 years, banks including Egg and Abbey National were happy to feed his habit.

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