ZIP 5.88% $2.88 zip co limited..

price target 7.50, page-301

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    BNPL became an assessable risk as part of mortgage application.
    BNPL is treated as a mark against your financial history and ability to manage your finances.

    The type of clients that use BNPL
    poverty.
    low wages
    ineligible for credit cards.
    credit risk
    rejected credit
    poor budget

    The above factors red flag applicants for loans.
    BNPL consumers are usually high risk clients and not a good model for profit.
    Its a great way to red flag yourself to a bank you are high risk.
    Last edited by david25: 10/05/22
 
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