
GoofyMuffin
Student
How Simpl, Lazypay fund their credit? Defaulters must be very high
14mo ago
Talking product sense with Ridhi
9 min AI interview5 questions

DizzyLlama
Atlys14mo
Why do you think defaulters would be high?

GoofyMuffin
Student14mo
Because it’s free money, what if people don’t pay back

DizzyLlama
Atlys14mo
It affects their credit score. These are considered credit lines. Which means there will be a credit enquiry and your owed amount will be registered.
Ofc these people will levy additional charges and might target you via calls or other means to get the money owed

SillyMochi
Stealth14mo
Ask about thier company reviews as well

GoofyMuffin
Student14mo
I’m very interested pls tell
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