APT Vs ZIP quarterly update comparison, page-54

Mate, You realise you gave me like just over an hour to respond? i think by 4.45pm on Friday i was at least 3 beers deep.

I'm not here to downramp APT.

Yes, she has been using it for a long time +2 Years which would be how they have confidence to increase. Yet they only look at the ability for someone to pay this back based 'history' in isolation I believe? whereas when you go for a loan / credit card they asses your ability to pay it back based on income, existing debts etc. The risk here is based on history on their platform they keep increasing yet the person has things happening outside of this that could impact their ability to pay back.

I noticed just after zip announced in their qtrly about net bad debts and their appetite to increase risk is when their limit increased from 1K to 1.5K (for me anyway).... i'm just curious as to how far is a piece of string and when does it cross the line between micro credit and a full blown loan?

for your piece of mind... screen shot below as ill post it from my phone.