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05/07/20
20:10
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Originally posted by trader_1993:
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The bigger you get the more bad apples you get, especially seeing they don't conduct credit checks. If that was the case, how can banks/short term credit businesses have bad debts at all.. shouldn't they have weeded them out by now? They undertake a full credit check/application and still have bad debts. My family works at FlexiGroup and is in the collection's team. I can assure you, there are a lot of people that have no interest in repaying money. Give people the flexibility of no credit checks and people abuse it/the bad apples that can't get approval for a CC will use the service. The amounts being loaned are minor anyway, so this isn't a huge factor.
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works at FlexiGroup Well that says it all. FlexiGroup are amateurs compared with Afterpay. How can you start the BNPL sector and let your rivals roar past you. I’d never mention this again ... to anyone.