ZIP 3.94% $1.85 zip co limited..

Retail sales Up, page-32

  1. 1,160 Posts.
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    The home loan market is a completely different ball game, it might involve big numbers, but also very small margins.

    Currently, if zip loans $100 and charges the merchant $7 for the service, (related costs aside) that's a 7% return on that purchase. That $100 will likely be repaid in weeks

    They might lend that same $100 6-12 times over a year, equating to a gross return of 42% - 84% return P/a.

    f* home loans lol
 
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