I don't think a couple of bad debts on unsecured personal finance by a few thousand young pilots is going to really impact on the bottom line of say HSBC's Bad Debt provision.
How wrong, how totally and utterly wrong that assumption is.
If only you knew what level of details the banks analyse their risks by market and consumer, you would not only be shocked, but you would also know exactly why virtually no bank lends to pilot trainees any more.
Trust someone who has seen the operations in the background at a level far removed from the high street branch...
So, has anyone declared bankruptcy since the last verbal spat this thread produced? Care to embellish your story, anonymously?