ZIP 1.65% $2.38 zip co limited..

Zip should remove credit checks

  1. 427 Posts.
    lightbulb Created with Sketch. 38
    It worked well for Afterpay. At this stage rapid market share is more important, and it only $1000.
    I could argue the massive customer base is worth a'lot more (data & pricing power to potential new retailers) than some more defaults.
    Another issue is I had friends with good credit score get rejected over $1000. Silly, and they have not bothered to call Zip, too much hassle.
    That is a lost customer.

    Now for higher loans (Zip Money) I do recommend keeping the credit check.

    Anyone with connections with the CEO, please pass the msg .
    Last edited by yolocambo: 05/07/20
 
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