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

https://archive.ph/qqLnJ
Alcoholic grizzly candlestick maker giraffe
  05/19/25
klarna's a bitch
Diverse adulterous newt
  05/19/25
...
sapphire casino water buffalo
  05/19/25
mondays
Seedy flesh sandwich heaven
  05/19/25
...
laughsome dun jew
  05/19/25
...
Magical pontificating stead
  05/19/25
...
cerebral area striped hyena
  05/20/25
...
Curious indian lodge
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
tan step-uncle's house
  05/19/25
good luck repossessing my Taco Bell
White Flickering Fat Ankles Site
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
Thriller bronze institution associate
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
vivacious market
  05/20/25
Why do you “have to” buy a new iPhone every coup...
Carnelian galvanic location sound barrier
  05/20/25
Because I break or lose the old one.
vivacious market
  05/20/25
>>> I still do not understand how we went from a wo...
Thriller bronze institution associate
  05/20/25
...
Lemon public bath
  05/20/25
...
Supple faggotry
  05/20/25
Proles are literally financing tacos. What a world.
sooty rebellious friendly grandma
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Lemon public bath
  05/20/25
Good
Brass pit
  05/20/25
"Klarna, which presented Monday’s earnings via an...
frum concupiscible sneaky criminal
  05/20/25
it turns out banks arent just "evil" and lending t...
purple 180 lay dog poop
  05/20/25
They are also evil
Thriller bronze institution associate
  05/20/25
Holy shit, not flame.
Ebony Nibblets Doctorate
  05/20/25
...
Lemon public bath
  05/20/25
...
tan step-uncle's house
  05/20/25
...
idiotic stock car
  05/20/25
...
Bateful travel guidebook forum
  05/20/25
...
Big black double fault
  05/20/25
...
Curious indian lodge
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
vivacious market
  05/20/25
isn't that basically every loan?
marvelous nursing home
  05/20/25
...
Lemon public bath
  05/20/25
(finance mba)
Unholy indecent affirmative action international law enforcement agency
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Lemon public bath
  05/20/25
they're obsessed with optimization but don't account for all...
flatulent poppy immigrant
  05/20/25
and because they're too autistic to understand and account f...
Lemon public bath
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
salmon vigorous factory reset button
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Lemon public bath
  05/20/25
...
Supple faggotry
  05/20/25
this is actually their business model though their busine...
Exciting Ratface
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
racy gay wizard
  05/20/25
twist: they sell these loan portfolios to others so they don...
salmon vigorous factory reset button
  05/20/25
...
Lemon public bath
  05/20/25
This brilliant business model works until people no longer b...
Thriller bronze institution associate
  05/20/25
just increase penalty fees to juice the returns to offset th...
salmon vigorous factory reset button
  05/20/25
tsinah hack
beady-eyed box office
  05/20/25
...
low-t shrine
  05/20/25
That's Anti-semitism
bull headed crackhouse trust fund
  05/20/25
I don't need "credit" anymore. Should I start doi...
low-t shrine
  05/20/25
I’m shocked that financing burritos for proles is not ...
cracking keepsake machete principal's office
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
floppy awkward base
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
cracking keepsake machete principal's office
  05/21/25
Underreported part of this story is just how much Klarna and...
cracking keepsake machete principal's office
  05/21/25
It was all worth it to keep line go up for a couple of extra...
Ebony Nibblets Doctorate
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: Alcoholic grizzly candlestick maker giraffe

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: Diverse adulterous newt

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: sapphire casino water buffalo



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: Seedy flesh sandwich heaven

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: laughsome dun jew



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Magical pontificating stead



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: cerebral area striped hyena



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Curious indian lodge



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: tan step-uncle's house

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: White Flickering Fat Ankles Site

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: Thriller bronze institution associate

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: vivacious market

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: Carnelian galvanic location sound barrier

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: vivacious market

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: Thriller bronze institution associate

>>> 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: Lemon public bath



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Supple faggotry



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: sooty rebellious friendly grandma

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: Lemon public bath

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: Brass pit

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: frum concupiscible sneaky criminal

"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: purple 180 lay dog poop

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: Thriller bronze institution associate

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: Ebony Nibblets Doctorate

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: Lemon public bath



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: tan step-uncle's house



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: idiotic stock car



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Bateful travel guidebook forum



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: Big black double fault



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Curious indian lodge



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: vivacious market

**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: marvelous nursing home

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: Lemon public bath



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Unholy indecent affirmative action international law enforcement agency

(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: Lemon public bath

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: flatulent poppy immigrant

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: Lemon public bath

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: salmon vigorous factory reset button

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: Lemon public bath

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: Supple faggotry



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Exciting Ratface

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: racy gay wizard

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: salmon vigorous factory reset button

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: Lemon public bath



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: Thriller bronze institution associate

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: salmon vigorous factory reset button

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: beady-eyed box office

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: low-t shrine



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: bull headed crackhouse trust fund

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: low-t shrine

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: cracking keepsake machete principal's office

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: floppy awkward base

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: cracking keepsake machete principal's office

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: cracking keepsake machete principal's office

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: Ebony Nibblets Doctorate

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)