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To make this work you would need a lender willing to lend four cents on the dollar to someone that has defaulted on a lot of debt for awhile (typically not some
by sailfast 7y ago
To make this work you would need a lender willing to lend four cents on the dollar to someone that has defaulted on a lot of debt for awhile (typically not someone that can obtain credit easily) There may be an opportunity for a non-profit or micro-lender here though.