Wednesday, 23 April 2008
I don't get much post. I don't think anyone loves me. So when something that isn't a bank statement does come through my door, I tend to open it no matter who it's addressed to. Most of the post that arrives is for people who haven't lived in this house for many, many years and 99.999999% is junk mail. And the only way I might get in contact with the intended recipients is by opening their post. At least that's what I tell myself.
Anyway, the other day, an unmarked envelope arrived. So I opened it. It was for a long gone occupant and it was from Falabella, Chile's biggest department store chain. Apparently, this person owed Falabella 995,804 pesos (about us$2000). But Falabella doesn't want the person to pay back 995,804 pesos. Falabella is happy to receive just 262,745 pesos. In return, the person's debt is cancelled. That's a 74% reduction. Bargain.
So if you're thinking of buying a 42" LCD telly, go to Falabella, get yourself a CMR card and debt yourself up to the max, safe in the knowledge that if you wait long enough, Falabella will write off 74% of what you owe. That's good business, to my mind.
Now sit back and wait for c.hileno's comments about wealth distribution, minimum wages and debt. Or will he be able to resist the obvious temptation? :)
Posted by Matt at 11:17