Let's get real here! The idea of a tsunami of bad debts hitting...

Let's get real here! The idea of a tsunami of bad debts hitting every level of finance? It's overblown, especially when it comes to Zip.

First off, Zip is showing strong financial health. They've got $327.2 million in cash and liquidity, not to mention they generated $20.1 million in underlying Group cash EBTDA just last quarter. They are not strapped for cash.
Secondly, Zip’s bad debt rates are low. We're talking U.S. credit losses at just 1.3% of transaction volume – that's a tight ship they're running. They're not throwing money at high-risk borrowers; they’re lending smart.

Lastly, Zip’s not facing the same pressure as CCP. Zip's strategic refinancing and new funding facilities show they’ve got the backing and the liquidity to keep growing. They’ve even completed a $300 million rated note issuance at better terms than before.

This isn’t a company on the brink; it’s a company on the rise.So, cut through the fear-mongering – Zip is positioned to thrive, not dive!