Defaults on non-credit card unsecured lending up sharply says BOE

Latest Bank of England credit report 12 October 2017

Corporate credit demand falls
Unsecured credit demand unchanged
Secured credit demand fell in Q3
Lenders tightened criteria on unsecuredborrowing
Expects corporate capex lending over next 3 months to be the lowest since Q3 2011
Availability of mortgages and lending to corps expected to be flat broadly flat over next 3m
The availability of secured credit to households was reported to have increased slightly in last three months

Expanding further on the default notes;

Lenders reported that default rates on secured loans to households fell significantly in Q3, and expected these to fall further
in Q4. Losses given default on secured loans to households increased in Q3, the first reported increase since 2016 Q1.Default rates on credit card lending were reported to have increased slightly in Q3, while those on other unsecured lending
increased significantly. A further slight increase was expected for credit card lending only in Q4. Losses given default
were reported to have increased slightly on credit card lending while remaining unchanged on other unsecured lending. Both
were expected to be unchanged in Q4.
Lenders reported that default rates on loans to businesses of all sizes remained unchanged in Q3. Losses given default on loans
were reported to have increased for medium and large businesses in Q3, but were unchanged for small businesses.

Ppretty much par for the course with all the uncertainty around.