ZIP 0.36% $2.79 zip co limited..

Ann: Quarterly Report and Appendix 4C, page-72

  1. 36 Posts.
    lightbulb Created with Sketch. 32
    I love the fact zip's credit worthiness can now be compared to CBA's. That's a big achievement.

    Regarding the comparison though, yes CBA's arrears are lower but one needs to compare that to the loan growth. If CBA was pushing out 50% quarterly growth an any of their credit products you could reasonably assume their arrears would be significantly higher then the current rate.
 
watchlist Created with Sketch. Add ZIP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.