ZIP 6.03% $1.50 zip co limited..

I have more belief in zip as a consumer. it meets my needsbut I...

  1. 322 Posts.
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    I have more belief in zip as a consumer. it meets my needs

    but I have reservations about its ability to prudently grow it's book.

    getting growth is very very easy, just lower your credit standards/credit assessment requirements

    this is the concern...growing the book while capping the loss rate

    they haven't demonstrated an ability to do this.

    so I'm hopeful... if next quarter sees another increase then I'm out as an investor but will continue being a customer
    Last edited by AaronM80: 24/07/20
 
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