Australia has one of the highest consumer debt in the world, so obviously they can't afford to pay cash and knowing the property market has picked and at the high risk of correction, banks will tighten their lending criteria and they will knock back clients with bad credit rating or are in mortgage stress,which already a lot of people are. So this could create market opportunity for company like mny. As some poster anticipated perhaps the economic downturn not as bad adversely effect mny, people still need to buy cars no matter what.
MNY Price at posting:
$1.26 Sentiment: Buy Disclosure: Held
