ZIP 13.9% $2.38 zip co limited..

Daily Price Movement / General Discussion, page-31628

  1. 11,453 Posts.
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    Wow! Seems very disceptive to try to annualised a 6 week loan!

    $4 on a $50 loan is 8% on $100 it's 4% on $200 loan it's 2% and so on.

    Now Quadpay loans the repaid straight out again then great business to be in however the customer's are not taking out loans over a twelve month period so it is incorrect to annualise an installment fee.
 
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