Donald Trump using bail bondsman rings alarm bells about his finances

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Donald Trump using bail bondsman rings alarm bells about his finances
newsweek.com

Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it. The fact that the former president resorted to such a measure has sparked questions on social media about the state of his finances.

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Except when you give 10% to the bail bondsman, you don't get that money back.

That's the point -- 10% as opposed to 100%

You would get back 100% of bail once you show up for court. That’s how a bail bondsman makes money.

Right, ignore me.

Though I suspect that if you can leverage that debt, you can still come out ahead.

it was probably money suckered from some of his followers

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