Klarna , Afterpay and Credit Checks, page-43

investors are not as silly as you imply

everybody knows that if the debtor doesn't repay all or most of their debts then the creditor will go bust

take a look at zip sp taking a dive after it's most recent quarterly update.

credit losses were trending up...investors reacted by selling out.

it's sp now languishing in low $6's

so give retail investors some credit. apt have demonstrated ability to reduce their credit losses....so going for growth with credit quality in check makes perfect sense....sp has skyrocketed as a result