\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

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

https://archive.ph/qqLnJ
Burgundy adventurous mental disorder
  05/19/25
klarna's a bitch
Walnut Bateful Toilet Seat Azn
  05/19/25
...
Shivering selfie becky
  05/19/25
mondays
laughsome senate
  05/19/25
...
exciting brass lodge mexican
  05/19/25
...
peach rebellious locus generalized bond
  05/19/25
...
Crystalline Rambunctious School Friendly Grandma
  05/20/25
...
bright nursing home
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
Hot bawdyhouse marketing idea
  05/19/25
good luck repossessing my Taco Bell
contagious azure address degenerate
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
mind-boggling bbw
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
titillating fuchsia clown property
  05/20/25
Why do you “have to” buy a new iPhone every coup...
Exhilarant meetinghouse philosopher-king
  05/20/25
Because I break or lose the old one.
titillating fuchsia clown property
  05/20/25
>>> I still do not understand how we went from a wo...
mind-boggling bbw
  05/20/25
...
Snowy mischievous kitty alpha
  05/20/25
...
heady center chad
  05/20/25
Proles are literally financing tacos. What a world.
Angry concupiscible school cafeteria rigpig
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Snowy mischievous kitty alpha
  05/20/25
Good
Zippy Blathering Tanning Salon
  05/20/25
"Klarna, which presented Monday’s earnings via an...
Gay goal in life
  05/20/25
it turns out banks arent just "evil" and lending t...
Ultramarine state
  05/20/25
They are also evil
mind-boggling bbw
  05/20/25
Holy shit, not flame.
Glittery sneaky criminal crotch
  05/20/25
...
Snowy mischievous kitty alpha
  05/20/25
...
Hot bawdyhouse marketing idea
  05/20/25
...
pink out-of-control regret
  05/20/25
...
Beady-eyed Whorehouse Pocket Flask
  05/20/25
...
misanthropic site mad-dog skullcap
  05/20/25
...
bright nursing home
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
titillating fuchsia clown property
  05/20/25
isn't that basically every loan?
startled navy forum
  05/20/25
...
Snowy mischievous kitty alpha
  05/20/25
(finance mba)
Erotic gay wizard space
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Snowy mischievous kitty alpha
  05/20/25
they're obsessed with optimization but don't account for all...
Sexy dysfunction
  05/20/25
and because they're too autistic to understand and account f...
Snowy mischievous kitty alpha
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
Mauve impressive step-uncle's house
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Snowy mischievous kitty alpha
  05/20/25
...
heady center chad
  05/20/25
this is actually their business model though their busine...
Aqua Candlestick Maker
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
motley old irish cottage
  05/20/25
twist: they sell these loan portfolios to others so they don...
Mauve impressive step-uncle's house
  05/20/25
...
Snowy mischievous kitty alpha
  05/20/25
This brilliant business model works until people no longer b...
mind-boggling bbw
  05/20/25
just increase penalty fees to juice the returns to offset th...
Mauve impressive step-uncle's house
  05/20/25
tsinah hack
splenetic son of senegal people who are hurt
  05/20/25
...
trip institution
  05/20/25
That's Anti-semitism
Plum Underhanded Range
  05/20/25
I don't need "credit" anymore. Should I start doi...
trip institution
  05/20/25
I’m shocked that financing burritos for proles is not ...
charismatic sooty point
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
shimmering crackhouse coffee pot
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
charismatic sooty point
  05/21/25
Underreported part of this story is just how much Klarna and...
charismatic sooty point
  05/21/25
It was all worth it to keep line go up for a couple of extra...
Glittery sneaky criminal crotch
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: Burgundy adventurous mental disorder

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: Walnut Bateful Toilet Seat Azn

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: Shivering selfie becky



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: laughsome senate

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: exciting brass lodge mexican



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: peach rebellious locus generalized bond



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Crystalline Rambunctious School Friendly Grandma



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: bright nursing home



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Hot bawdyhouse marketing idea

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: contagious azure address degenerate

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: mind-boggling bbw

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: titillating fuchsia clown property

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: Exhilarant meetinghouse philosopher-king

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: titillating fuchsia clown property

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: mind-boggling bbw

>>> 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: Snowy mischievous kitty alpha



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



Reply Favorite

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



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Angry concupiscible school cafeteria rigpig

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: Snowy mischievous kitty alpha

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: Zippy Blathering Tanning Salon

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: Gay goal in life

"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: Ultramarine state

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: mind-boggling bbw

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: Glittery sneaky criminal crotch

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: Snowy mischievous kitty alpha



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: Hot bawdyhouse marketing idea



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: pink out-of-control regret



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Beady-eyed Whorehouse Pocket Flask



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: misanthropic site mad-dog skullcap



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: bright nursing home



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: titillating fuchsia clown property

**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: startled navy forum

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: Snowy mischievous kitty alpha



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Erotic gay wizard space

(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: Snowy mischievous kitty alpha

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: Sexy dysfunction

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: Snowy mischievous kitty alpha

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: Mauve impressive step-uncle's house

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: Snowy mischievous kitty alpha

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: heady center chad



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Aqua Candlestick Maker

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: motley old irish cottage

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: Mauve impressive step-uncle's house

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: Snowy mischievous kitty alpha



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: mind-boggling bbw

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: Mauve impressive step-uncle's house

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: splenetic son of senegal people who are hurt

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: trip institution



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Plum Underhanded Range

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: trip institution

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: charismatic sooty point

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: shimmering crackhouse coffee pot

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: charismatic sooty point

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: charismatic sooty point

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: Glittery sneaky criminal crotch

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)