Credit Corp in halt after scathing Checkmate Research report

Credit Corp in halt after scathing Checkmate Research report

Your debt buying business put its stocks in a trading halt on Thursday, citing an report that is»anonymous on the stock. Credit Corp told the ASX it expects which will make an statement towards the trade in reaction into the report.

Street Talk knows the report being known by Credit Corp is created by Checkmate analysis and it is en en titled Credit Corp: A wolf in sheep’s clothes.

Credit Corp in a trading halt. Bloomberg

Credit Corp, that has a market capitalisation of nearly $900 million and operates in buying and debt that is collecting has also a financing company, declined to comment whenever contacted by this line.

The Checkmate report claims Credit Corp is a payday lender and claims its Wallet Wizard company depends on a «loophole in legislation» in order to avoid being categorized as being a payday lender. Continuar leyendo «Credit Corp in halt after scathing Checkmate Research report»