"nightjar" wrote in message
...
On 27/03/2020 15:12, Jim GM4DHJ ... wrote:
https://www.kentonline.co.uk/kent-bu...ration-224671/
how can a company that has been ripping scumbags off for years be going
bust ? ....

Selling on credit to people with a poor credit rating is not a good
business model.

It can be, most obviously with credit cards.
You just have to ensure that you charge
them more than the default rate.

It is the same thing that caused to banking crisis.

Wrong. What caused that was the bundling and securetizing
of those mortgages and them getting AAA ratings that they
didnt even come close to qualifying for.