Afterpay Valuation, page-5806

unfounded? i am repeating the findings of ASIC and financial councillors. Unless you on hot coppper have done better research?

"From our research, we also found that some consumers who use buy now, pay later arrangements are experiencing financial hardship, such as cutting back on or going without essentials — for example meals — or taking out additional loans, in order to make their buy now, pay later payments on time,"

"When consumers have got more than one of these products and they're trying to get on top of paying every fortnight and then the late fees as well, they really get into that financial vulnerability and go without their essential living expenses in favour of trying to pay their Afterpay or their other buy now, pay later provider"

"Of those who said they were cutting back, ASIC found nearly half were under 30 years old.Almost 70 per cent of those who had taken out another loan to make their buy now, pay later payments on time had also missed a payment, and half were under 30."