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

https://archive.ph/qqLnJ
navy razzle-dazzle goal in life ratface
  05/19/25
klarna's a bitch
Provocative self-absorbed school boistinker
  05/19/25
...
trip electric furnace principal's office
  05/19/25
mondays
wonderful mental disorder
  05/19/25
...
Copper Institution
  05/19/25
...
Cerebral Quadroon Idea He Suggested
  05/19/25
...
ruddy dashing university
  05/20/25
...
zippy sound barrier
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
Drunken House
  05/19/25
good luck repossessing my Taco Bell
Impertinent Library
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
glittery volcanic crater
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
burgundy big space
  05/20/25
Why do you “have to” buy a new iPhone every coup...
adulterous diverse antidepressant drug lodge
  05/20/25
Because I break or lose the old one.
burgundy big space
  05/20/25
>>> I still do not understand how we went from a wo...
glittery volcanic crater
  05/20/25
...
fluffy brindle black woman range
  05/20/25
...
Excitant temple
  05/20/25
Proles are literally financing tacos. What a world.
yapping trust fund meetinghouse
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
fluffy brindle black woman range
  05/20/25
Good
Rusted pit
  05/20/25
"Klarna, which presented Monday’s earnings via an...
filthy sienna area ape
  05/20/25
it turns out banks arent just "evil" and lending t...
Clear rigor parlour
  05/20/25
They are also evil
glittery volcanic crater
  05/20/25
Holy shit, not flame.
disrespectful station
  05/20/25
...
fluffy brindle black woman range
  05/20/25
...
Drunken House
  05/20/25
...
underhanded ocher gunner plaza
  05/20/25
...
Mint Friendly Grandma Office
  05/20/25
...
fighting den kitty cat
  05/20/25
...
zippy sound barrier
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
burgundy big space
  05/20/25
isn't that basically every loan?
Metal slap-happy hall coldplay fan
  05/20/25
...
fluffy brindle black woman range
  05/20/25
(finance mba)
swollen gay parlor reading party
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
fluffy brindle black woman range
  05/20/25
they're obsessed with optimization but don't account for all...
slate degenerate foreskin
  05/20/25
and because they're too autistic to understand and account f...
fluffy brindle black woman range
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
Irradiated address
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
fluffy brindle black woman range
  05/20/25
...
Excitant temple
  05/20/25
this is actually their business model though their busine...
carmine tanning salon personal credit line
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
talented pungent rigpig
  05/20/25
twist: they sell these loan portfolios to others so they don...
Irradiated address
  05/20/25
...
fluffy brindle black woman range
  05/20/25
This brilliant business model works until people no longer b...
glittery volcanic crater
  05/20/25
just increase penalty fees to juice the returns to offset th...
Irradiated address
  05/20/25
tsinah hack
Bateful khaki travel guidebook church building
  05/20/25
...
abnormal toaster twinkling uncleanness
  05/20/25
That's Anti-semitism
appetizing domesticated prole really tough guy
  05/20/25
I don't need "credit" anymore. Should I start doi...
abnormal toaster twinkling uncleanness
  05/20/25
I’m shocked that financing burritos for proles is not ...
nofapping insane french chef
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
....:::..:....:::..:...;;;..;...:.::
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
Pierbattista Pizzaballa
  05/21/25
Underreported part of this story is just how much Klarna and...
Pierbattista Pizzaballa
  05/21/25
It was all worth it to keep line go up for a couple of extra...
animeboi
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: navy razzle-dazzle goal in life ratface

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: Provocative self-absorbed school boistinker

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: trip electric furnace principal's office



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: wonderful mental disorder

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: Copper Institution



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Cerebral Quadroon Idea He Suggested



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: ruddy dashing university



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: zippy sound barrier



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Drunken House

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: Impertinent Library

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: glittery volcanic crater

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: burgundy big 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: adulterous diverse antidepressant drug lodge

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: burgundy big 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: glittery volcanic crater

>>> 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: fluffy brindle black woman range



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Excitant temple



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: yapping trust fund meetinghouse

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: fluffy brindle black woman range

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: Rusted pit

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: filthy sienna area ape

"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: Clear rigor parlour

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: glittery volcanic crater

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: disrespectful station

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: fluffy brindle black woman range



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: Drunken House



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: underhanded ocher gunner plaza



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Mint Friendly Grandma Office



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: fighting den kitty cat



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: zippy sound barrier



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: burgundy big 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: Metal slap-happy hall coldplay fan

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: fluffy brindle black woman range



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: swollen gay parlor reading party

(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: fluffy brindle black woman range

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: slate degenerate foreskin

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: fluffy brindle black woman range

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: Irradiated address

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: fluffy brindle black woman range

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: Excitant temple



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: carmine tanning salon personal credit line

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: talented pungent rigpig

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: Irradiated address

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: fluffy brindle black woman range



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: glittery volcanic crater

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: Irradiated address

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: Bateful khaki travel guidebook church building

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: abnormal toaster twinkling uncleanness



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: appetizing domesticated prole really tough guy

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: abnormal toaster twinkling uncleanness

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: nofapping insane french chef

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: ....:::..:....:::..:...;;;..;...:.::


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: Pierbattista Pizzaballa

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: Pierbattista Pizzaballa

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: animeboi (.)

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)