The business owes the money or the fund. In any case the individuals do not unle... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		miketery 14 days ago \| parent \| context \| favorite \| on: US private credit defaults hit record 9.2% in 2025... The business owes the money or the fund. In any case the individuals do not unless they backed it with personal collateral.

bryanrasmussen 14 days ago [–]

hmm, yeah ok so the collateral is the business they are buying, I forgot that one.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact