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    Bad debt has already started to rear its head in the latest Bnpl update as bnpl margins about halved from prior margins to 4.4% in the update.

    Will be interesting to see the March quarterly report and the bad debt numbers.


    https://hotcopper.com.au/data/attachments/4264/4264650-fe3fb33d561a96c3570d69be67be67bc.jpg

 
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