Japanese idol group created strictly to pay off debt
There are several good reasons to start a pop group, and one of them is definitely money. But one idol group in Japan was recently created not to make money, but to get out of deep personal debt.
The group is called the Margarines, and it was formed with the hopes of getting out of $1.2 million dollars of debt. The nine women in the group range from 19-30 years-old, and they are all from Japan with the exception of one German member. They were picked after auditioning earlier this year.
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Each group member has some form of debt. The majority of the group's debt was caused by overspending, bad business investments, and student loans. The Margarines' first album is called "Good-bye Debt Heaven" and is slated to be released in December. In addition to the album release, the group plans on performing at least one live event that month.