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People aren’t repaying their “buy now, pay later” loans

https://archive.ph/qqLnJ
cracking goal in life
  05/19/25
klarna's a bitch
swashbuckling splenetic forum
  05/19/25
...
vivacious internal respiration prole
  05/19/25
mondays
Fluffy kitchen alpha
  05/19/25
...
pale exhilarant heaven filthpig
  05/19/25
...
Insanely Creepy Flickering Elastic Band
  05/19/25
...
Massive casino dingle berry
  05/20/25
...
Diverse Main People
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
Bronze trip set
  05/19/25
good luck repossessing my Taco Bell
twinkling theater
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
beta appetizing public bath
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
Flatulent Senate
  05/20/25
Why do you “have to” buy a new iPhone every coup...
Deep property
  05/20/25
Because I break or lose the old one.
Flatulent Senate
  05/20/25
>>> I still do not understand how we went from a wo...
beta appetizing public bath
  05/20/25
...
french bat-shit-crazy gaping
  05/20/25
...
Laughsome Anal Area Fat Ankles
  05/20/25
Proles are literally financing tacos. What a world.
Costumed becky stag film
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
french bat-shit-crazy gaping
  05/20/25
Good
olive zombie-like knife
  05/20/25
"Klarna, which presented Monday’s earnings via an...
titillating sooty cuck theater stage
  05/20/25
it turns out banks arent just "evil" and lending t...
Hot green theatre
  05/20/25
They are also evil
beta appetizing public bath
  05/20/25
Holy shit, not flame.
light institution indirect expression
  05/20/25
...
french bat-shit-crazy gaping
  05/20/25
...
Bronze trip set
  05/20/25
...
sadistic supple pit
  05/20/25
...
narrow-minded sanctuary liquid oxygen
  05/20/25
...
Coiffed Plaza Clown
  05/20/25
...
Diverse Main People
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
Flatulent Senate
  05/20/25
isn't that basically every loan?
Flirting insecure trust fund abode
  05/20/25
...
french bat-shit-crazy gaping
  05/20/25
(finance mba)
contagious idiot range
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
french bat-shit-crazy gaping
  05/20/25
they're obsessed with optimization but don't account for all...
Talking infuriating shitlib
  05/20/25
and because they're too autistic to understand and account f...
french bat-shit-crazy gaping
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
Comical territorial lay
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
french bat-shit-crazy gaping
  05/20/25
...
Laughsome Anal Area Fat Ankles
  05/20/25
this is actually their business model though their busine...
Kink-friendly pontificating newt mexican
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Floppy Flesh Nursing Home
  05/20/25
twist: they sell these loan portfolios to others so they don...
Comical territorial lay
  05/20/25
...
french bat-shit-crazy gaping
  05/20/25
This brilliant business model works until people no longer b...
beta appetizing public bath
  05/20/25
just increase penalty fees to juice the returns to offset th...
Comical territorial lay
  05/20/25
tsinah hack
Razzle sexy national security agency
  05/20/25
...
heady fortuitous meteor pervert
  05/20/25
That's Anti-semitism
Awkward church skinny woman
  05/20/25
I don't need "credit" anymore. Should I start doi...
heady fortuitous meteor pervert
  05/20/25
I’m shocked that financing burritos for proles is not ...
Avocado center
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
carnelian preventive strike sneaky criminal
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
Avocado center
  05/21/25
Underreported part of this story is just how much Klarna and...
Avocado center
  05/21/25
It was all worth it to keep line go up for a couple of extra...
light institution indirect expression
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: cracking goal in life

https://archive.ph/qqLnJ

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946034)



Reply Favorite

Date: May 19th, 2025 10:23 PM
Author: swashbuckling splenetic forum

klarna's a bitch

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946044)



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: vivacious internal respiration prole



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946050)



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: Fluffy kitchen alpha

mondays

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946045)



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: pale exhilarant heaven filthpig



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946047)



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Insanely Creepy Flickering Elastic Band



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946057)



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Massive casino dingle berry



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946430)



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Diverse Main People



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948556)



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Bronze trip set

you mean my tranche of burrito loans doesnt deserve that AAA rating?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946049)



Reply Favorite

Date: May 19th, 2025 10:37 PM
Author: twinkling theater

good luck repossessing my Taco Bell



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946078)



Reply Favorite

Date: May 20th, 2025 2:12 AM
Author: beta appetizing public bath

Michael Burry currently making millions shorting Chipotle Burrito Bowl CLOs

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946385)



Reply Favorite

Date: May 20th, 2025 2:26 AM
Author: Flatulent Senate

Good. Jesus Christ.

Every couple years when I have to buy a new iPhone, and I ask whether there's any promotion available to where I don't have to pay full-freight if I buy like last year's model or whatever -- I still do not understand how we went from a world where the cost of the phone itself was a perk of renewing your contract to one where I have to pay a thousand dollars -- it pisses me off on a pretty deep level that the response from the ambiguously brown tattooed salesperson is that, yeah of course!, you can get on a $19/month (5-year) payment plan.

I have a real hard time not rooting for d'Angelow just going "yea Ima take that shit; niteteen dollar?" and then never paying ever again.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946391)



Reply Favorite

Date: May 20th, 2025 2:37 AM
Author: Deep property

Why do you “have to” buy a new iPhone every couple of years

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946397)



Reply Favorite

Date: May 20th, 2025 3:34 AM
Author: Flatulent Senate

Because I break or lose the old one.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946424)



Reply Favorite

Date: May 20th, 2025 4:02 AM
Author: beta appetizing public bath

>>> I still do not understand how we went from a world where the cost of the phone itself was a perk of renewing your contract to one where I have to pay a thousand dollars

It still is if you buy an Android phone. Otherwise there is a reason Apple is worth what it is

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946436)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: french bat-shit-crazy gaping



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946654)



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Laughsome Anal Area Fat Ankles



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948546)



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Costumed becky stag film

Proles are literally financing tacos. What a world.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946399)



Reply Favorite

Date: May 20th, 2025 8:56 AM
Author: french bat-shit-crazy gaping

ubereats as a tab for SNAP which seems like a red flag for things about to get kooky

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946656)



Reply Favorite

Date: May 20th, 2025 3:36 AM
Author: olive zombie-like knife

Good

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946426)



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: titillating sooty cuck theater stage

"Klarna, which presented Monday’s earnings via an AI-generated avatar of its chief executive, has bet heavily on artificial intelligence and has said the technology helps to cut costs.

The group reduced its total headcount by 39 per cent in the past two years, while its customer service costs were down 12 per cent in the first quarter compared with the same period a year earlier."

lol. a holographic dancing anime CEO informing you that your job has been terminated.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946434)



Reply Favorite

Date: May 20th, 2025 8:48 AM
Author: Hot green theatre

it turns out banks arent just "evil" and lending to poor retarded people was risky all along?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946645)



Reply Favorite

Date: May 20th, 2025 5:31 PM
Author: beta appetizing public bath

They are also evil

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948507)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: light institution indirect expression

Holy shit, not flame.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946655)



Reply Favorite

Date: May 20th, 2025 8:56 AM
Author: french bat-shit-crazy gaping



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946657)



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: Bronze trip set



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946672)



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: sadistic supple pit



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946695)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: narrow-minded sanctuary liquid oxygen



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946730)



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: Coiffed Plaza Clown



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948535)



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Diverse Main People



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948558)



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: Flatulent Senate

**lib sees that AI avatar is ambiguously multiracial and has queer mannerisms**

**nods with satisfaction**

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948572)



Reply Favorite

Date: May 20th, 2025 8:49 AM
Author: Flirting insecure trust fund abode

isn't that basically every loan?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946646)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: french bat-shit-crazy gaping



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946652)



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: contagious idiot range

(finance mba)

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948561)



Reply Favorite

Date: May 20th, 2025 8:58 AM
Author: french bat-shit-crazy gaping

ever notice that tech Engineers fail like this constantly? it's because they Engineer the humanity out of things and can only autistically look at numbers on paper.

it's the same reason why zillow and carvana lost a lot of money attempting to automate house and car flipping. turns out that the "average trade in" on a car factors in a human checking it out first and without that people will sell you lemons the dealer passed on.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946660)



Reply Favorite

Date: May 20th, 2025 9:22 AM
Author: Talking infuriating shitlib

they're obsessed with optimization but don't account for all the factors, usually because it makes their shitty "Saas" much harder to implement

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946686)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: french bat-shit-crazy gaping

and because they're too autistic to understand and account for things that cannot be quantified into data.

this is why everything is better on paper but in reality so much worse.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946726)



Reply Favorite

Date: May 20th, 2025 9:38 AM
Author: Comical territorial lay

i am MAF i didnt invest in carvana. look is stock last 2-3 years. JFC

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946731)



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: french bat-shit-crazy gaping

lmfao holy shit!

i thought of carvana when i made this poast because i just listened to something about carvana's recovery but i had no idea it was so dramatic.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946742)



Reply Favorite

Date: May 20th, 2025 5:40 PM
Author: Laughsome Anal Area Fat Ankles



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948549)



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Kink-friendly pontificating newt mexican

this is actually their business model though

their business model isn't to charge people interest. it's to ding them with "late fees" when they don't pay

it's unclear how they're going to enforce things or actually get the money, though. like you can charge 60 IQ niggers all the "late fees" you want on their chipotle burrito purchases. they can just....not pay you

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946716)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Floppy Flesh Nursing Home

you are dreaming if you think it's only dumb Blacks, prole whites have Ruinous credit and are even more likely to not pay it back because they know the consequences are minimal

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946728)



Reply Favorite

Date: May 20th, 2025 9:38 AM
Author: Comical territorial lay

twist: they sell these loan portfolios to others so they dont even bear the credit risk

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946733)



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: french bat-shit-crazy gaping



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946740)



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: beta appetizing public bath

This brilliant business model works until people no longer buy their debt, or force them to price it so high it becomes uneconomical

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948514)



Reply Favorite

Date: May 20th, 2025 5:56 PM
Author: Comical territorial lay

just increase penalty fees to juice the returns to offset the increased bad debt bro

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948585)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Razzle sexy national security agency

tsinah hack

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946729)



Reply Favorite

Date: May 20th, 2025 5:35 PM
Author: heady fortuitous meteor pervert



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948522)



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Awkward church skinny woman

That's Anti-semitism

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48946743)



Reply Favorite

Date: May 20th, 2025 5:34 PM
Author: heady fortuitous meteor pervert

I don't need "credit" anymore. Should I start doing this?

What's the best way to scam them before they stop paying for my stuff?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948520)



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Avocado center

I’m shocked that financing burritos for proles is not working out

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948545)



Reply Favorite

Date: May 20th, 2025 7:49 PM
Author: carnelian preventive strike sneaky criminal

Is Affirm in equally bad shape or is this specific to Klarna?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48948912)



Reply Favorite

Date: May 21st, 2025 6:54 AM
Author: Avocado center

lol, it’s the model that’s fucked. Maybe one had worse underwriting standards than the other but both are wrecked when checking accounts are empty

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48950142)



Reply Favorite

Date: May 21st, 2025 6:58 AM
Author: Avocado center

Underreported part of this story is just how much Klarna and Affirm juiced consumer retail spending. The model works by paying retailers 80-90 percent of the price instantly and pocketing the difference, so by inducing proles to spend more money than they have, retail sales stayed healthy. If prole bank accounts are empty and klarna and affirm need to preserve cash they have to increase underwriting standards and retail sales will take a prole sized nose-dive.

The recession we’re in could end up being a very large one and very difficult to climb out of if the fed keeps rates high. Trump is going to fire the Fed Reserve by this fall.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48950145)



Reply Favorite

Date: May 21st, 2025 7:24 AM
Author: light institution indirect expression

It was all worth it to keep line go up for a couple of extra months.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2)#48950163)