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

https://archive.ph/qqLnJ
maroon house
  05/19/25
klarna's a bitch
alcoholic curious theater coffee pot
  05/19/25
...
razzmatazz sticky turdskin
  05/19/25
mondays
Pungent corner
  05/19/25
...
Trip Principal's Office Ape
  05/19/25
...
ruby wrinkle
  05/19/25
...
Purple point
  05/20/25
...
hideous main people
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
bipolar red parlour juggernaut
  05/19/25
good luck repossessing my Taco Bell
confused travel guidebook
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
Primrose lodge
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
Flickering whorehouse filthpig
  05/20/25
Why do you “have to” buy a new iPhone every coup...
charismatic lettuce
  05/20/25
Because I break or lose the old one.
Flickering whorehouse filthpig
  05/20/25
>>> I still do not understand how we went from a wo...
Primrose lodge
  05/20/25
...
Transparent Titillating Gas Station Associate
  05/20/25
...
Gold gay wizard pocket flask
  05/20/25
Proles are literally financing tacos. What a world.
Appetizing cream market
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Transparent Titillating Gas Station Associate
  05/20/25
Good
Indigo Boistinker
  05/20/25
"Klarna, which presented Monday’s earnings via an...
Internet-worthy field really tough guy
  05/20/25
it turns out banks arent just "evil" and lending t...
Umber concupiscible jew hunting ground
  05/20/25
They are also evil
Primrose lodge
  05/20/25
Holy shit, not flame.
Canary House-broken Brunch New Version
  05/20/25
...
Transparent Titillating Gas Station Associate
  05/20/25
...
bipolar red parlour juggernaut
  05/20/25
...
chartreuse foreskin
  05/20/25
...
wonderful walnut sanctuary
  05/20/25
...
lemon excitant philosopher-king depressive
  05/20/25
...
hideous main people
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
Flickering whorehouse filthpig
  05/20/25
isn't that basically every loan?
underhanded sadistic dysfunction
  05/20/25
...
Transparent Titillating Gas Station Associate
  05/20/25
(finance mba)
rose stage
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Transparent Titillating Gas Station Associate
  05/20/25
they're obsessed with optimization but don't account for all...
Vivacious brindle people who are hurt
  05/20/25
and because they're too autistic to understand and account f...
Transparent Titillating Gas Station Associate
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
odious obsidian hell windowlicker
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Transparent Titillating Gas Station Associate
  05/20/25
...
Gold gay wizard pocket flask
  05/20/25
this is actually their business model though their busine...
Yapping Electric Laser Beams Site
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Vibrant rehab
  05/20/25
twist: they sell these loan portfolios to others so they don...
odious obsidian hell windowlicker
  05/20/25
...
Transparent Titillating Gas Station Associate
  05/20/25
This brilliant business model works until people no longer b...
Primrose lodge
  05/20/25
just increase penalty fees to juice the returns to offset th...
odious obsidian hell windowlicker
  05/20/25
tsinah hack
glittery sable private investor stag film
  05/20/25
...
arousing antidepressant drug
  05/20/25
That's Anti-semitism
bateful territorial wagecucks
  05/20/25
I don't need "credit" anymore. Should I start doi...
arousing antidepressant drug
  05/20/25
I’m shocked that financing burritos for proles is not ...
beady-eyed telephone trailer park
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
sienna roommate
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
beady-eyed telephone trailer park
  05/21/25
Underreported part of this story is just how much Klarna and...
beady-eyed telephone trailer park
  05/21/25
It was all worth it to keep line go up for a couple of extra...
Canary House-broken Brunch New Version
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: maroon house

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: alcoholic curious theater 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: razzmatazz sticky turdskin



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: Pungent corner

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: Trip Principal's Office Ape



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: ruby wrinkle



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Purple point



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: hideous 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: bipolar red parlour juggernaut

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: confused travel guidebook

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: Primrose lodge

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: Flickering whorehouse filthpig

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: charismatic lettuce

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: Flickering whorehouse filthpig

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: Primrose lodge

>>> 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: Transparent Titillating Gas Station Associate



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Gold gay wizard pocket flask



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Appetizing cream market

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: Transparent Titillating Gas Station Associate

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: Indigo Boistinker

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: Internet-worthy field really tough guy

"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: Umber concupiscible jew hunting ground

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: Primrose lodge

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: Canary House-broken Brunch New Version

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: Transparent Titillating Gas Station Associate



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: bipolar red parlour juggernaut



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: chartreuse foreskin



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: wonderful walnut sanctuary



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: lemon excitant philosopher-king depressive



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: hideous 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: Flickering whorehouse filthpig

**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: underhanded sadistic dysfunction

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: Transparent Titillating Gas Station Associate



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: rose stage

(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: Transparent Titillating Gas Station Associate

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: Vivacious brindle people who are hurt

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: Transparent Titillating Gas Station Associate

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: odious obsidian hell windowlicker

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: Transparent Titillating Gas Station Associate

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: Gold gay wizard pocket flask



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Yapping Electric Laser Beams Site

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: Vibrant rehab

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: odious obsidian hell windowlicker

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: Transparent Titillating Gas Station Associate



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: Primrose lodge

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: odious obsidian hell windowlicker

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: glittery sable private investor stag film

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: arousing antidepressant drug



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: bateful territorial wagecucks

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: arousing antidepressant drug

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: beady-eyed telephone trailer park

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: sienna roommate

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: beady-eyed telephone trailer park

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: beady-eyed telephone trailer park

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: Canary House-broken Brunch New Version

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)