1. Before we point fingers at banks, though, we must see that they too face horrible consequences when payment defaults go through the roofs. 2. Last month, it was placed under the direct supervision of the KLSE to prevent further payment defaults and other trading breaches. 3. On credit cards and personal loans, Werner said demand remained steady but strict credit checks continue to ensure minimal payment defaults. 4. Should there be a payment default on the part of the franchisee for instance? 5. Those who already own a vehicle are holding on to it - that is, if it has not already been repossessed because of payment defaults. 6. Markets were reassured by emergency measures taken on Monday by US Treasury Secretary Robert Rubin to avoid a federal government payment default. 7. The credit card company Advanta on Monday revived fears of excessive US consumer indebtedness with an announcement of expected first-quarter losses that it attributed to payment defaults. |