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

https://archive.ph/qqLnJ
Passionate crotch ladyboy
  05/19/25
klarna's a bitch
Magical pink principal's office coffee pot
  05/19/25
...
Motley white gay wizard digit ratio
  05/19/25
mondays
Dashing Associate
  05/19/25
...
Thriller Halford Macaca
  05/19/25
...
bateful jew step-uncle's house
  05/19/25
...
plum codepig
  05/20/25
...
ebony big den
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
Cowardly stock car ticket booth
  05/19/25
good luck repossessing my Taco Bell
metal pale heaven
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
drunken chest-beating bawdyhouse
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
green fortuitous meteor space
  05/20/25
Why do you “have to” buy a new iPhone every coup...
Hyperventilating scarlet corner haunted graveyard
  05/20/25
Because I break or lose the old one.
green fortuitous meteor space
  05/20/25
>>> I still do not understand how we went from a wo...
drunken chest-beating bawdyhouse
  05/20/25
...
Arousing hateful pit headpube
  05/20/25
...
autistic milk
  05/20/25
Proles are literally financing tacos. What a world.
Aquamarine beady-eyed home
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Arousing hateful pit headpube
  05/20/25
Good
thirsty school
  05/20/25
"Klarna, which presented Monday’s earnings via an...
Boyish organic girlfriend
  05/20/25
it turns out banks arent just "evil" and lending t...
Elite Rebellious Base
  05/20/25
They are also evil
drunken chest-beating bawdyhouse
  05/20/25
Holy shit, not flame.
floppy khaki kitchen dysfunction
  05/20/25
...
Arousing hateful pit headpube
  05/20/25
...
Cowardly stock car ticket booth
  05/20/25
...
primrose mental disorder
  05/20/25
...
milky hospital therapy
  05/20/25
...
Appetizing dead field
  05/20/25
...
ebony big den
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
green fortuitous meteor space
  05/20/25
isn't that basically every loan?
umber federal sound barrier toaster
  05/20/25
...
Arousing hateful pit headpube
  05/20/25
(finance mba)
Garnet adventurous institution
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Arousing hateful pit headpube
  05/20/25
they're obsessed with optimization but don't account for all...
irradiated sticky fanboi
  05/20/25
and because they're too autistic to understand and account f...
Arousing hateful pit headpube
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
talented piazza ratface
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Arousing hateful pit headpube
  05/20/25
...
autistic milk
  05/20/25
this is actually their business model though their busine...
frozen exhilarant party of the first part athletic conference
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Mint Trump Supporter
  05/20/25
twist: they sell these loan portfolios to others so they don...
talented piazza ratface
  05/20/25
...
Arousing hateful pit headpube
  05/20/25
This brilliant business model works until people no longer b...
drunken chest-beating bawdyhouse
  05/20/25
just increase penalty fees to juice the returns to offset th...
talented piazza ratface
  05/20/25
tsinah hack
hairraiser parlour
  05/20/25
...
Bull headed lettuce orchestra pit
  05/20/25
That's Anti-semitism
naked histrionic native
  05/20/25
I don't need "credit" anymore. Should I start doi...
Bull headed lettuce orchestra pit
  05/20/25
I’m shocked that financing burritos for proles is not ...
swashbuckling godawful regret dilemma
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
Cobalt contagious lay double fault
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
swashbuckling godawful regret dilemma
  05/21/25
Underreported part of this story is just how much Klarna and...
swashbuckling godawful regret dilemma
  05/21/25
It was all worth it to keep line go up for a couple of extra...
floppy khaki kitchen dysfunction
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: Passionate crotch ladyboy

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: Magical pink principal's office coffee pot

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: Motley white gay wizard digit ratio



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: Dashing Associate

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: Thriller Halford Macaca



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: bateful jew step-uncle's house



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: plum codepig



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: ebony big den



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Cowardly stock car ticket booth

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: metal pale heaven

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: drunken chest-beating bawdyhouse

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: green fortuitous meteor space

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: Hyperventilating scarlet corner haunted graveyard

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: green fortuitous meteor space

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: drunken chest-beating bawdyhouse

>>> 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: Arousing hateful pit headpube



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: autistic milk



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Aquamarine beady-eyed home

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: Arousing hateful pit headpube

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: thirsty school

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: Boyish organic girlfriend

"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: Elite Rebellious Base

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: drunken chest-beating bawdyhouse

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: floppy khaki kitchen dysfunction

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: Arousing hateful pit headpube



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: Cowardly stock car ticket booth



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: primrose mental disorder



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: milky hospital therapy



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: Appetizing dead field



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: ebony big den



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: green fortuitous meteor space

**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: umber federal sound barrier toaster

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: Arousing hateful pit headpube



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Garnet adventurous institution

(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: Arousing hateful pit headpube

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: irradiated sticky fanboi

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: Arousing hateful pit headpube

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: talented piazza ratface

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: Arousing hateful pit headpube

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: autistic milk



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: frozen exhilarant party of the first part athletic conference

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: Mint Trump Supporter

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: talented piazza ratface

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: Arousing hateful pit headpube



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: drunken chest-beating bawdyhouse

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: talented piazza ratface

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: hairraiser parlour

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: Bull headed lettuce orchestra pit



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: naked histrionic native

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: Bull headed lettuce orchestra pit

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: swashbuckling godawful regret dilemma

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: Cobalt contagious lay double fault

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: swashbuckling godawful regret dilemma

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: swashbuckling godawful regret dilemma

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: floppy khaki kitchen dysfunction

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)