$BTC Huabei’s 3.645 billion yuan in debt has already been transferred.
Does this mean that the guys’ debts can be bought at a discount?
Generally speaking, bank debt—whether from loans or credit cards—is discounted whenever it’s transferred to another party. In some cases, you can even settle it by paying just 10% of the principal.
I’m not encouraging anyone to become a deadbeat, but in this day and age, ordinary people seem to have to become deadbeats to truly reap the benefits of society!
Does this mean that the guys’ debts can be bought at a discount?
Generally speaking, bank debt—whether from loans or credit cards—is discounted whenever it’s transferred to another party. In some cases, you can even settle it by paying just 10% of the principal.
I’m not encouraging anyone to become a deadbeat, but in this day and age, ordinary people seem to have to become deadbeats to truly reap the benefits of society!