Ann: Zip hits the bullseye with Target, page-16

@NollMac

The fundamental model of ZIP has been to lend smaller amount (i.e. 1000 line of credit) to more people, rather than lend 5000 to 5 times less people, i understand they do lend more on some occassions, but crossboard assumption of 1000 line of credit is good assumption to work around imo...

I try to point out ZIP model is less riskier than other more aggressive lenders as 1000 is small amount to write off to flush out bad creditors... but, thats big BUT, they will need to work out how many people in australia is somehow short of 1000 dollar to pay bill and willing to pay $6monthly or 7.2% interest rate to keep that 1000 account...

All my other assumptions are correct in a sense capture the concept of business model imo.