\
  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
sable very tactful death wish cruise ship
  05/19/25
klarna's a bitch
Tan rebellious sound barrier
  05/19/25
...
lascivious school patrolman
  05/19/25
mondays
purple plaza toaster
  05/19/25
...
topaz office roommate
  05/19/25
...
Balding Aqua Really Tough Guy Hairy Legs
  05/19/25
...
duck-like odious bbw
  05/20/25
...
Navy Curious State
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
razzmatazz partner shrine
  05/19/25
good luck repossessing my Taco Bell
startling drunken space incel
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
wild business firm old irish cottage
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
cyan contagious faggotry
  05/20/25
Why do you “have to” buy a new iPhone every coup...
cerise big internal respiration
  05/20/25
Because I break or lose the old one.
cyan contagious faggotry
  05/20/25
>>> I still do not understand how we went from a wo...
wild business firm old irish cottage
  05/20/25
...
Laughsome lavender institution
  05/20/25
...
Cream site
  05/20/25
Proles are literally financing tacos. What a world.
adventurous home
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Laughsome lavender institution
  05/20/25
Good
orange beady-eyed preventive strike stage
  05/20/25
"Klarna, which presented Monday’s earnings via an...
cerebral knife water buffalo
  05/20/25
it turns out banks arent just "evil" and lending t...
carmine church building
  05/20/25
They are also evil
wild business firm old irish cottage
  05/20/25
Holy shit, not flame.
henna step-uncle's house azn
  05/20/25
...
Laughsome lavender institution
  05/20/25
...
razzmatazz partner shrine
  05/20/25
...
Appetizing white tank
  05/20/25
...
pea-brained dilemma
  05/20/25
...
khaki yapping bawdyhouse haunted graveyard
  05/20/25
...
Navy Curious State
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
cyan contagious faggotry
  05/20/25
isn't that basically every loan?
thriller canary rehab
  05/20/25
...
Laughsome lavender institution
  05/20/25
(finance mba)
violent clear hell
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Laughsome lavender institution
  05/20/25
they're obsessed with optimization but don't account for all...
Submissive property electric furnace
  05/20/25
and because they're too autistic to understand and account f...
Laughsome lavender institution
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
startled multi-billionaire windowlicker
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Laughsome lavender institution
  05/20/25
...
Cream site
  05/20/25
this is actually their business model though their busine...
Gold bisexual ladyboy
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Spruce karate dingle berry
  05/20/25
twist: they sell these loan portfolios to others so they don...
startled multi-billionaire windowlicker
  05/20/25
...
Laughsome lavender institution
  05/20/25
This brilliant business model works until people no longer b...
wild business firm old irish cottage
  05/20/25
just increase penalty fees to juice the returns to offset th...
startled multi-billionaire windowlicker
  05/20/25
tsinah hack
geriatric kitchen community account
  05/20/25
...
brilliant sexy philosopher-king
  05/20/25
That's Anti-semitism
outnumbered location boltzmann
  05/20/25
I don't need "credit" anymore. Should I start doi...
brilliant sexy philosopher-king
  05/20/25
I’m shocked that financing burritos for proles is not ...
180 tanning salon
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
fragrant chapel trust fund
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
180 tanning salon
  05/21/25
Underreported part of this story is just how much Klarna and...
180 tanning salon
  05/21/25
It was all worth it to keep line go up for a couple of extra...
henna step-uncle's house azn
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: sable very tactful death wish cruise ship

https://archive.ph/qqLnJ

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946034)



Reply Favorite

Date: May 19th, 2025 10:23 PM
Author: Tan rebellious sound barrier

klarna's a bitch

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946044)



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: lascivious school patrolman



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: purple plaza toaster

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: topaz office roommate



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Balding Aqua Really Tough Guy Hairy Legs



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: duck-like odious bbw



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Navy Curious State



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: razzmatazz partner shrine

you mean my tranche of burrito loans doesnt deserve that AAA rating?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946049)



Reply Favorite

Date: May 19th, 2025 10:37 PM
Author: startling drunken space incel

good luck repossessing my Taco Bell



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946078)



Reply Favorite

Date: May 20th, 2025 2:12 AM
Author: wild business firm old irish cottage

Michael Burry currently making millions shorting Chipotle Burrito Bowl CLOs

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946385)



Reply Favorite

Date: May 20th, 2025 2:26 AM
Author: cyan contagious faggotry

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=2Elisa#48946391)



Reply Favorite

Date: May 20th, 2025 2:37 AM
Author: cerise big internal respiration

Why do you “have to” buy a new iPhone every couple of years

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946397)



Reply Favorite

Date: May 20th, 2025 3:34 AM
Author: cyan contagious faggotry

Because I break or lose the old one.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946424)



Reply Favorite

Date: May 20th, 2025 4:02 AM
Author: wild business firm old irish cottage

>>> 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=2Elisa#48946436)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: Laughsome lavender institution



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Cream site



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: adventurous home

Proles are literally financing tacos. What a world.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946399)



Reply Favorite

Date: May 20th, 2025 8:56 AM
Author: Laughsome lavender institution

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=2Elisa#48946656)



Reply Favorite

Date: May 20th, 2025 3:36 AM
Author: orange beady-eyed preventive strike stage

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: cerebral knife water buffalo

"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=2Elisa#48946434)



Reply Favorite

Date: May 20th, 2025 8:48 AM
Author: carmine church building

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=2Elisa#48946645)



Reply Favorite

Date: May 20th, 2025 5:31 PM
Author: wild business firm old irish cottage

They are also evil

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48948507)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: henna step-uncle's house azn

Holy shit, not flame.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946655)



Reply Favorite

Date: May 20th, 2025 8:56 AM
Author: Laughsome lavender institution



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: razzmatazz partner shrine



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: Appetizing white tank



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: pea-brained dilemma



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: khaki yapping bawdyhouse haunted graveyard



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Navy Curious State



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: cyan contagious faggotry

**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=2Elisa#48948572)



Reply Favorite

Date: May 20th, 2025 8:49 AM
Author: thriller canary rehab

isn't that basically every loan?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946646)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: Laughsome lavender institution



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: violent clear hell

(finance mba)

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48948561)



Reply Favorite

Date: May 20th, 2025 8:58 AM
Author: Laughsome lavender institution

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=2Elisa#48946660)



Reply Favorite

Date: May 20th, 2025 9:22 AM
Author: Submissive property electric furnace

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=2Elisa#48946686)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Laughsome lavender institution

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=2Elisa#48946726)



Reply Favorite

Date: May 20th, 2025 9:38 AM
Author: startled multi-billionaire 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=2Elisa#48946731)



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Laughsome lavender institution

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=2Elisa#48946742)



Reply Favorite

Date: May 20th, 2025 5:40 PM
Author: Cream site



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Gold bisexual ladyboy

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=2Elisa#48946716)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Spruce karate dingle berry

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=2Elisa#48946728)



Reply Favorite

Date: May 20th, 2025 9:38 AM
Author: startled multi-billionaire 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=2Elisa#48946733)



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Laughsome lavender institution



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: wild business firm old irish cottage

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=2Elisa#48948514)



Reply Favorite

Date: May 20th, 2025 5:56 PM
Author: startled multi-billionaire 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=2Elisa#48948585)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: geriatric kitchen community account

tsinah hack

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946729)



Reply Favorite

Date: May 20th, 2025 5:35 PM
Author: brilliant sexy philosopher-king



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: outnumbered location boltzmann

That's Anti-semitism

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48946743)



Reply Favorite

Date: May 20th, 2025 5:34 PM
Author: brilliant sexy philosopher-king

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=2Elisa#48948520)



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: 180 tanning salon

I’m shocked that financing burritos for proles is not working out

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48948545)



Reply Favorite

Date: May 20th, 2025 7:49 PM
Author: fragrant chapel trust fund

Is Affirm in equally bad shape or is this specific to Klarna?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2Elisa#48948912)



Reply Favorite

Date: May 21st, 2025 6:54 AM
Author: 180 tanning salon

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=2Elisa#48950142)



Reply Favorite

Date: May 21st, 2025 6:58 AM
Author: 180 tanning salon

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=2Elisa#48950145)



Reply Favorite

Date: May 21st, 2025 7:24 AM
Author: henna step-uncle's house azn

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=2Elisa#48950163)