CCP 1.66% $15.28 credit corp group limited

Ann: COVID-19 - Credit Corp withdraws FY20 guidance, page-116

  1. 4,244 Posts.
    lightbulb Created with Sketch. 1867
    As I suggested earlier the banks and non bank lenders will have taken such a pasting during this Pandemic that they will impose stricter lending criteria.

    Latitude is the first to do this and expect the others to follow suit

    Investors bought this stock in a gung ho credit expansion but now you will find that a significant percentage of the existing PDL will be written off and new PDL will be hard to come by.

    The growth story is effectively over.

    https://www.mortgagebusiness.com.au/breaking-news/14391-non-banks-lower-risk-appetites

 
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$15.28
Change
0.250(1.66%)
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