ZIP 6.03% $1.50 zip co limited..

very quiet, page-44

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    The fundamental problem is despite charging extortionate amounts to merchants, and customers, they still cant cover their cost of doing business

    There is a reason banks charge 20%+ on credit card balances, and use credit scoring as part of their due diligence before issuing credit

    The business model of BNPL is fundamentally broken, and even moreso once we have a proper (inflationary) recession
 
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