| Defaulting on a debt to a credit card firm or catalogue company could result in a damaged credit rating but it should not put your home at risk. |
| The company retains an investment-grade credit rating of BBB and throws off huge sums of cash. |
| Lenders aren't just cautious about lending to people with a bad credit rating. |
| Some lenders may view one or two missed repayments relatively benignly and your credit rating may be largely unaffected. |
| It has lost its triple-A credit rating and can't assume that lenders will be willing to refinance its growing debt forever. |
| Freehold property helps to strengthen a balance sheet that may in turn support a better credit rating and lower the cost of borrowing. |
