I came across this company when my friend was talking about it.
I don't need money advanced to me but decided to sign up before buying a parcel.
first of all, the liquidity for this stock sucks.
however, the app is great, extremely easy to use, the fees are small when compared to other advances and the money is instantly in your bank. Similar to afterpay, they have their own credit worthiness assessment so it doesn't go on your credit report.
They gave me 50 dollars to start with and then I paid it back instantly, 50 dollars again, decided to wait until payday to have it taken. Limit increased to 300. After a month, the limit was 800.
The only issue I had was that when paying it off instantly the limit decreases substantially. Maybe an issue with their risk algorithm.
anyway, decided to buy some shares and see how it plays out.
B4P Price at posting:
$1.45 Sentiment: Buy Disclosure: Held
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