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

https://archive.ph/qqLnJ
Lascivious blue rigor background story
  05/19/25
klarna's a bitch
flushed cuckoldry
  05/19/25
...
well-lubricated rigpig
  05/19/25
mondays
Demanding mexican new version
  05/19/25
...
aggressive out-of-control sound barrier
  05/19/25
...
Balding gas station community account
  05/19/25
...
Frum personal credit line piazza
  05/20/25
...
beady-eyed lay multi-billionaire
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
shimmering preventive strike sanctuary
  05/19/25
good luck repossessing my Taco Bell
dead crimson immigrant depressive
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
soul-stirring hairy legs
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
Angry Trip Native Electric Furnace
  05/20/25
Why do you “have to” buy a new iPhone every coup...
Magical wrinkle
  05/20/25
Because I break or lose the old one.
Angry Trip Native Electric Furnace
  05/20/25
>>> I still do not understand how we went from a wo...
soul-stirring hairy legs
  05/20/25
...
milky doctorate
  05/20/25
...
unholy gold chapel messiness
  05/20/25
Proles are literally financing tacos. What a world.
Buck-toothed Goyim National
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
milky doctorate
  05/20/25
Good
supple saffron volcanic crater
  05/20/25
"Klarna, which presented Monday’s earnings via an...
bisexual crystalline ratface temple
  05/20/25
it turns out banks arent just "evil" and lending t...
frozen iridescent theater
  05/20/25
They are also evil
soul-stirring hairy legs
  05/20/25
Holy shit, not flame.
Narrow-minded mind-boggling toilet seat
  05/20/25
...
milky doctorate
  05/20/25
...
shimmering preventive strike sanctuary
  05/20/25
...
nudist walnut cuck ticket booth
  05/20/25
...
Contagious mental disorder
  05/20/25
...
Excitant brilliant field
  05/20/25
...
beady-eyed lay multi-billionaire
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
Angry Trip Native Electric Furnace
  05/20/25
isn't that basically every loan?
Provocative party of the first part location
  05/20/25
...
milky doctorate
  05/20/25
(finance mba)
fragrant coral nursing home turdskin
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
milky doctorate
  05/20/25
they're obsessed with optimization but don't account for all...
violent comical kitchen
  05/20/25
and because they're too autistic to understand and account f...
milky doctorate
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
laughsome fat ankles
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
milky doctorate
  05/20/25
...
unholy gold chapel messiness
  05/20/25
this is actually their business model though their busine...
primrose whorehouse
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
stirring double fault dog poop
  05/20/25
twist: they sell these loan portfolios to others so they don...
laughsome fat ankles
  05/20/25
...
milky doctorate
  05/20/25
This brilliant business model works until people no longer b...
soul-stirring hairy legs
  05/20/25
just increase penalty fees to juice the returns to offset th...
laughsome fat ankles
  05/20/25
tsinah hack
Hideous Adventurous Locale Elastic Band
  05/20/25
...
glassy really tough guy area
  05/20/25
That's Anti-semitism
irradiated corner boistinker
  05/20/25
I don't need "credit" anymore. Should I start doi...
glassy really tough guy area
  05/20/25
I’m shocked that financing burritos for proles is not ...
180 legend
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
Lemon meetinghouse
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
180 legend
  05/21/25
Underreported part of this story is just how much Klarna and...
180 legend
  05/21/25
It was all worth it to keep line go up for a couple of extra...
Narrow-minded mind-boggling toilet seat
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: Lascivious blue rigor background story

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: flushed cuckoldry

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: well-lubricated rigpig



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: Demanding mexican new version

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: aggressive out-of-control sound barrier



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Balding gas station community account



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Frum personal credit line piazza



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: beady-eyed lay multi-billionaire



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: shimmering preventive strike sanctuary

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: dead crimson immigrant depressive

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: soul-stirring hairy legs

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: Angry Trip Native Electric Furnace

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: Magical wrinkle

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: Angry Trip Native Electric Furnace

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: soul-stirring hairy legs

>>> 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: milky doctorate



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: unholy gold chapel messiness



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Buck-toothed Goyim National

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: milky doctorate

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: supple saffron volcanic crater

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: bisexual crystalline ratface temple

"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: frozen iridescent theater

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: soul-stirring hairy legs

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: Narrow-minded mind-boggling toilet seat

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: milky doctorate



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: shimmering preventive strike sanctuary



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: nudist walnut cuck ticket booth



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Contagious mental disorder



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: Excitant brilliant field



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: beady-eyed lay multi-billionaire



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: Angry Trip Native Electric Furnace

**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: Provocative party of the first part location

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: milky doctorate



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: fragrant coral nursing home turdskin

(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: milky doctorate

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: violent comical kitchen

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: milky doctorate

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: laughsome fat ankles

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: milky doctorate

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: unholy gold chapel messiness



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: primrose whorehouse

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: stirring double fault dog poop

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: laughsome fat ankles

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: milky doctorate



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: soul-stirring hairy legs

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: laughsome fat ankles

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: Hideous Adventurous Locale Elastic Band

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: glassy really tough guy area



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: irradiated corner boistinker

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: glassy really tough guy area

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: 180 legend

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: Lemon meetinghouse

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: 180 legend

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: 180 legend

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: Narrow-minded mind-boggling toilet seat

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)