Buckle up for $2, page-1426

This should be a positive for FXL though

"part of the issue is that APT only finances for short periods while Flexi can be carrying the debt for 5 years - quite different. Long term debt for APT is a fraction of what it is for FXL or even Z1P."

AS I understand that these bpnl do not charge interest but charge fee for late payment, deferred payment, snooz payment etc....the longer the loan period more repeated customer (chances of snoozing, deferred payments) and thus earn more revenue. customer retention and satisfaction......

WOW
"Flexi runs at a gearing of 35% which is quite reasonable. It was much higher - maybe 70%, "

thats a good turnaround.....well done......