Afterpay rival Zip tightens lending as bad debts climb - Sydney Morning Herald

Zip Co has signalled it will be more conservative in lending and will slash $30 million in costs as it looks to accelerate a plan to start making profits.

Zip Co has said it will be more conservative in its lending and will slash $30 million in costs, as the plunge in buy now, pay later (BNPL) share prices ramps up pressure on loss-making operators to … [+1786 chars]

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