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That would mean he could probably pay it off at a discount?
by wjnc 10y ago
That would mean he could probably pay it off at a discount?
- brianwawok 10y agoHe probably bought 15 million in uncollectible debt for like $1500
- johnpowell 10y agoHe says what he paid. It was 60K.
- rory 10y agoA huge discount-- they only payed $60k for the debt.
- robbiep 10y agoexcept payment isnt going to the people who were originally owed it - payment is going to the last agency which owned it, and can't collect on it
- ec109685 10y agoThey bought the debt (at least indirectly) from the people who were originally owed it.
- tkyjonathan 10y agoYes, but the people who owed it, now have less issues with credit checks and such. Maybe it will make it possible for them to be able to buy more medicine.