CCP 1.71% $17.77 credit corp group limited

Ann: Credit Corp Group FY18 Media Release, page-45

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  1. 2,083 Posts.
    lightbulb Created with Sketch. 32
    It's not a payday lender, as it doesn't match the legal definition of a payday lender (their terms are better than payday lenders). You could say that it's similar to a payday lender at most...

    Their lending makes up a small amount of their earnings, but hopefully the share of earnings is growing.

    Higher valuation that peers - but is the business more reliable than their competitors?
 
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