Q: Just a thought, I looked at buying this years ago but didn't because it seemed to be making profits with borrowers who could not afford the loans received. Nothing illegal but not not necessarily ethical.
If a company operates in this market the leadership may at times stretch the ethical and legal limits of governance.
If a company operates in this market the leadership may at times stretch the ethical and legal limits of governance.
5i Research Answer:
Comments noted; however, prior to recent events the stock has been a very solid performer, with a gain of 900% over the past 20 years. It is a legal business and we would not really extrapolate that an unsavoury business automatically makes management unsavoury.