Lol GF you need to copyright your posts!
"Payments expert Brad Kelly, managing director of Payment Services, said the sector is in for a tough time, despite providers pointing to turbocharged growth and numbers.
They are very good at marketing spin and PR, good at using the services of highly paid consultants to get around the Consumer Credit Act and are able to offer credit without it appearing as credit.
The reality is the BNPL provider’s bad debts are astronomical, none of them have made a profit, none of them have paid a dividend and share prices are down 70 to 80 to even 90 per cent in some cases.”
#BnplGoingToZero, page-391
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