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Yum! Brands, Inc. Message Board

  • rogerjames55346 rogerjames55346 Oct 23, 2013 6:30 PM Flag

    New Chinese Gimmickry......

    When an account goes past-due and the borrower cannot pay, Chinese bankers simply roll the payment-due into the total balance effectively "loaning" the delinquent borrowers the payment they need to make. This serves the function of not having to call the loan non-performing, because after-all, the borrower is making payments (with the loan the bank is giving him). The borrower can also preserve his credit-rating because he's never delinquent. I love the Chinese...they're inscrutable......

 
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