Z1P Objective Analysis: Credit checks vs no credit checks, page-8

First 8 Last

Share
Profile

Follow
StefanF

5,549 Posts.

1396

06/07/20

21:39

Post #: 45681210
Share

Originally posted by AaronM80: ↑

That's complete nonsense Stefan.

AfterPay don't use the credit bureau because

1. they have high volume but low value ticket transactions
2. they don't see themselves as a 'credit provider', so if they do utilise the credit bureau it undermines the narrative they are trying to sell to regulators, and potential , current investors.

AfterPay are trying to avoid
- responsible lending obligations,
- they are trying to maintain their 'no surcharge rule'
- they will continue offering low value, high volume ticket transactions to their customers

...so utilising the credit bureau simply contradicts and undermines their overall objectives.

Put it simply, because they sell themselves as a 'marketing channel' (which btw is a complete joke) they've disqualified themselves from even considering utilising the credit bureau. They can't have BOTH!

btw, any credit risk management team understands that application scoring has now become redundant...credit bureau scores (updated every month and captures actual performance of applicants entire credit accounts) has become the most important credit data point...what the applicant declares on application forms or during the onboarding process (eg declared time in residence, declared time in employment) have become less critical now that positive credit reporting is now up and running.

Expand

Clueless... My post is based on industry experience in regulation and quantitative credit modelling in an ADI. Your points are based on complete speculation. But I'm not going to bother arguing with someone who loves the sound of their own voice so much. On ignore you go =)

Z1P Price at posting: $5.90 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

LIS

Li-S Energy the latest microcap to pivot to US defence market

LDX

Lumos Diagnostics surges 140% on major US contract deal

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

LU7

Lithium Universe targets silver boom with breakthrough solar recycling tech

ASX Market Close: Why are we red today? Because US CPI's at 3%

First 8 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $2.84		Change 0.005(0.18%)		Mkt cap ! $3.620B

Open	High	Low	Value	Volume
$2.83	$2.85	$2.78	$15.52M	5.513M

Buyers (Bids)

No.	Vol.	Price($)
20	95583	$2.83

Sellers (Offers)

Price($)	Vol.	No.
$2.84	227289	48

View Market Depth

No.	Vol.	Price($)
9	33606	2.830
42	188103	2.820
17	266664	2.810
23	327309	2.800
29	315463	2.790

Price($)	Vol.	No.
2.840	202485	37
2.850	461999	40
2.860	319435	21
2.870	249530	16
2.880	265250	11

Last trade - 15.28pm 16/07/2025 (20 minute delay)

ZIP (ASX) Chart

Z1P Objective Analysis: Credit checks vs no credit checks, page-8

Li-S Energy the latest microcap to pivot to US defence market

Lumos Diagnostics surges 140% on major US contract deal

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Lithium Universe targets silver boom with breakthrough solar recycling tech

ASX Market Close: Why are we red today? Because US CPI's at 3%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Z1P Objective Analysis: Credit checks vs no credit checks, page-8

Top Stories

Li-S Energy the latest microcap to pivot to US defence market

Lumos Diagnostics surges 140% on major US contract deal

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Lithium Universe targets silver boom with breakthrough solar recycling tech

ASX Market Close: Why are we red today? Because US CPI's at 3%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News