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But in October, 19 of its 250 customers defaulted on payments to the company.
A home in the United States was repossessed after he defaulted on payments.
But already some companies have defaulted on payments after assumed government guarantees failed to materialize.
But Giancarlo Paretti, Pathe's owner, who faced legal problems, defaulted on payments in 1992, and Crédit Lyonnais took control.
Six members of Parliament feature in the list of 405 present and former members who have defaulted on payments of their telephone bills to the Mahanagar Telephone Nigam.
The Maharashtra State Electricity Board has defaulted on payments for the power, and Enron is now trying to get the bills paid.
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Any lifestyle that is debt-dependent, makes no room for savings or is just one setback away from defaulting on payments is too close to the edge to be safe.
Telsim began defaulting on payments late in 2000.
Otherwise, economists fear Argentina could default on payments on its $150 billion foreign debt.
NextWave sought bankruptcy protection in 1998 after defaulting on payments for the licenses.
An unsecured personal loan carries less risk if you default on payments.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com