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4,028 Posts.
609
27/08/21
20:19
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he claims the "vast majority of afterpay users pay thier installments with a credit card"
this is incorrect
around 90% pay using debit cards.
he assumes the turnover rate at 1X when discussing the affect of interest rates on margins.
the loan book is turned over ~15X per year
not much homework done here!
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