The owners of these businesses are most likely to default on their home loan
Retailers, builders and cafe owners are more likely than other company directors to default on their credit cards and home loans, missing payments to keep their embattled businesses afloat.
Research from credit bureau Illion, released to The Australian Financial Review, found that 9 per cent of business owners in the food services sector, 6 per cent of construction firm operators and 5 per cent of retailers were at high risk of defaulting on their personal credit.
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