You don't have to be a genius to realise it's debt used for receivables. The same money is borrowed and lent out multiple times throughout the year to customers to purchase things. They repay it back with installments and then Zip lends it out again.
Rates are also on the way down, both here in Australia and soon the US.
Zip is going to FLY in the years to come. $5+ soon
ZIP Price at posting:
$2.94 Sentiment: None Disclosure: Held
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