credit cards debt in US is declined to 769 billion from 860 billion in June reported by Barron’s & Forbes. This is the most steep decline after Great Recession when debt declined 22%. I am quoting 2 million reduction in cards within Australia based on Larry’s recent interview.
Quadpay based on zip last update is growing 13% MOM, 600% YOY is over ambitious but if it can crack something like this than current SP is way undervalued!
Z1P Price at posting:
$5.96 Sentiment: Buy Disclosure: Held
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