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People aren’t repaying their “buy now, pay later” loans
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Date: May 19th, 2025 10:21 PM Author: Turquoise filthy bawdyhouse sweet tailpipe https://archive.ph/qqLnJ (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946034) |
Date: May 19th, 2025 10:23 PM Author: Apoplectic slate affirmative action klarna's a bitch (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946044) |
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Date: May 19th, 2025 10:26 PM Author: gaped vermilion theatre (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946050) |
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Date: May 19th, 2025 10:24 PM Author: underhanded titillating pistol mondays (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946045) |
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Date: May 19th, 2025 10:25 PM Author: Fluffy Provocative Dilemma (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946047) |
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Date: May 19th, 2025 10:28 PM Author: Thirsty native (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946057) |
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Date: May 20th, 2025 3:42 AM Author: rose temple (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946430) |
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Date: May 20th, 2025 5:43 PM Author: Autistic theater stage (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48948556) |
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Date: May 19th, 2025 10:26 PM Author: khaki outnumbered church 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) |
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Date: May 19th, 2025 10:37 PM Author: Avocado becky forum good luck repossessing my Taco Bell
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Date: May 20th, 2025 2:12 AM Author: Up-to-no-good stirring parlour half-breed Michael Burry currently making millions shorting Chipotle Burrito Bowl CLOs (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946385) |
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Date: May 20th, 2025 2:26 AM Author: crimson feces base 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. |
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Date: May 20th, 2025 2:37 AM Author: Jade glittery mood 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) |
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Date: May 20th, 2025 3:34 AM Author: crimson feces base Because I break or lose the old one. (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946424) |
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Date: May 20th, 2025 4:02 AM Author: Up-to-no-good stirring parlour half-breed >>> 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 |
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Date: May 20th, 2025 8:55 AM Author: Dull Locale (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946654) |
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Date: May 20th, 2025 5:39 PM Author: bonkers center (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48948546) |
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Date: May 20th, 2025 2:46 AM Author: burgundy tripping mexican chapel Proles are literally financing tacos. What a world. (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946399) |
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Date: May 20th, 2025 8:56 AM Author: Dull Locale 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) |
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Date: May 20th, 2025 3:36 AM Author: puce kitchen Good (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946426) |
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Date: May 20th, 2025 3:54 AM Author: Flushed 180 travel guidebook "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. |
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Date: May 20th, 2025 8:48 AM Author: Razzle sooty coldplay fan 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) |
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Date: May 20th, 2025 5:31 PM Author: Up-to-no-good stirring parlour half-breed They are also evil (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48948507) |
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Date: May 20th, 2025 8:55 AM Author: Odious den Holy shit, not flame. (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946655) |
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Date: May 20th, 2025 8:56 AM Author: Dull Locale (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946657) |
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Date: May 20th, 2025 9:08 AM Author: khaki outnumbered church (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946672) |
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Date: May 20th, 2025 9:27 AM Author: Dead charismatic spot (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946695) |
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Date: May 20th, 2025 9:37 AM Author: house-broken skinny woman (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946730) |
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Date: May 20th, 2025 5:37 PM Author: beady-eyed naked box office (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48948535) |
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Date: May 20th, 2025 5:43 PM Author: Autistic theater stage (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48948558) |
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Date: May 20th, 2025 5:51 PM Author: crimson feces base **lib sees that AI avatar is ambiguously multiracial and has queer mannerisms**
**nods with satisfaction** |
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Date: May 20th, 2025 8:49 AM Author: offensive nowag shrine isn't that basically every loan? (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946646) |
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Date: May 20th, 2025 8:55 AM Author: Dull Locale (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946652) |
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Date: May 20th, 2025 5:44 PM Author: doobsian disturbing plaza (finance mba) (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48948561) |
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Date: May 20th, 2025 8:58 AM Author: Dull Locale 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. |
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Date: May 20th, 2025 9:22 AM Author: Thriller Gunner 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) |
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Date: May 20th, 2025 9:37 AM Author: Dull Locale 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. |
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Date: May 20th, 2025 9:38 AM Author: aqua round eye national security agency 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) |
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Date: May 20th, 2025 9:40 AM Author: Dull Locale 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. |
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Date: May 20th, 2025 5:40 PM Author: bonkers center (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48948549) |
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Date: May 20th, 2025 9:35 AM Author: Cerebral stain step-uncle's house 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 |
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Date: May 20th, 2025 9:37 AM Author: copper property pozpig 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) |
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Date: May 20th, 2025 9:38 AM Author: aqua round eye national security agency 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) |
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Date: May 20th, 2025 9:40 AM Author: Dull Locale (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946740) |
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Date: May 20th, 2025 5:32 PM Author: Up-to-no-good stirring parlour half-breed 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) |
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Date: May 20th, 2025 5:56 PM Author: aqua round eye national security agency 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) |
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Date: May 20th, 2025 9:37 AM Author: motley knife tsinah hack (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946729) |
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Date: May 20th, 2025 5:35 PM Author: Obsidian pocket flask (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48948522) |
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Date: May 20th, 2025 9:40 AM Author: Excitant Station That's Anti-semitism (http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2#48946743) |
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Date: May 20th, 2025 5:34 PM Author: Obsidian pocket flask 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? |
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Date: May 20th, 2025 5:39 PM Author: laughsome red boistinker hospital 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) |
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Date: May 20th, 2025 7:49 PM Author: sexy stock car resort 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) |
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Date: May 21st, 2025 6:54 AM Author: laughsome red boistinker hospital 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) |
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Date: May 21st, 2025 6:58 AM Author: laughsome red boistinker hospital 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. |
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Date: May 21st, 2025 7:24 AM Author: Odious den 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) |