‘Calmer’ this lockdown: Credit Corp expects stable repayments

Liam WalshReporter

Aug 3, 2021 – 1.32pm

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Key Points

Full-year revenue up 19.6pc to $374.8m
Pre-tax profit up 468pc to $125.9m
Net profit up 470pc to $88.1m
Final dividend 36¢ vs nil, payable September 10

Battlers are taking less of a doomsday approach to dealing with their troubled finances in the latest lockdowns, according to a leading debt collector.

While remaining conservative in terms of taking out loans, people are continuing to reduce their bad debts this time around, Sydney-based Credit Corp said on Tuesday.