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

https://archive.ph/qqLnJ
Electric carmine lay
  05/19/25
klarna's a bitch
Nubile dragon
  05/19/25
...
Vivacious cordovan newt
  05/19/25
mondays
galvanic house-broken den mother
  05/19/25
...
demanding sound barrier base
  05/19/25
...
Buff pozpig
  05/19/25
...
Aromatic Metal Public Bath
  05/20/25
...
overrated floppy institution
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
racy fuchsia boiling water
  05/19/25
good luck repossessing my Taco Bell
mint heady hall circlehead
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
Khaki fanboi
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
Fear-inspiring Feces
  05/20/25
Why do you “have to” buy a new iPhone every coup...
Bright Gay Wizard Ticket Booth
  05/20/25
Because I break or lose the old one.
Fear-inspiring Feces
  05/20/25
>>> I still do not understand how we went from a wo...
Khaki fanboi
  05/20/25
...
Obsidian passionate roast beef
  05/20/25
...
transparent parlour wagecucks
  05/20/25
Proles are literally financing tacos. What a world.
Disturbing Ladyboy Locus
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Obsidian passionate roast beef
  05/20/25
...
Outnumbered Persian
  05/20/25
"Klarna, which presented Monday’s earnings via an...
Seedy 180 point trust fund
  05/20/25
it turns out banks arent just "evil" and lending t...
pink faggot firefighter private investor
  05/20/25
They are also evil
Khaki fanboi
  05/20/25
Holy shit, not flame.
Milky Bat Shit Crazy Brethren
  05/20/25
...
Obsidian passionate roast beef
  05/20/25
...
racy fuchsia boiling water
  05/20/25
...
Beady-eyed Angry Genital Piercing Prole
  05/20/25
...
Cracking sex offender church
  05/20/25
...
Irradiated At-the-ready Candlestick Maker
  05/20/25
...
overrated floppy institution
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
Fear-inspiring Feces
  05/20/25
isn't that basically every loan?
razzmatazz orange forum
  05/20/25
...
Obsidian passionate roast beef
  05/20/25
(finance mba)
Elite garnet round eye state
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Obsidian passionate roast beef
  05/20/25
they're obsessed with optimization but don't account for all...
Sapphire Underhanded Knife
  05/20/25
and because they're too autistic to understand and account f...
Obsidian passionate roast beef
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
Disgusting Travel Guidebook
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Obsidian passionate roast beef
  05/20/25
...
transparent parlour wagecucks
  05/20/25
this is actually their business model though their busine...
Appetizing Mexican
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Poppy macaca trump supporter
  05/20/25
twist: they sell these loan portfolios to others so they don...
Disgusting Travel Guidebook
  05/20/25
...
Obsidian passionate roast beef
  05/20/25
This brilliant business model works until people no longer b...
Khaki fanboi
  05/20/25
just increase penalty fees to juice the returns to offset th...
Disgusting Travel Guidebook
  05/20/25
tsinah hack
Razzle international law enforcement agency orchestra pit
  05/20/25
...
Stirring sanctuary hunting ground
  05/20/25
That's Anti-semitism
Nofapping Voyeur
  05/20/25
I don't need "credit" anymore. Should I start doi...
Stirring sanctuary hunting ground
  05/20/25
I’m shocked that financing burritos for proles is not ...
swollen charcoal milk boistinker
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
useless sienna piazza roommate
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
swollen charcoal milk boistinker
  05/21/25
Underreported part of this story is just how much Klarna and...
swollen charcoal milk boistinker
  05/21/25
It was all worth it to keep line go up for a couple of extra...
Milky Bat Shit Crazy Brethren
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: Electric carmine lay

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: Nubile dragon

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: Vivacious cordovan newt



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: galvanic house-broken den mother

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: demanding sound barrier base



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Buff pozpig



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Aromatic Metal Public Bath



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: overrated floppy institution



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: racy fuchsia boiling water

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: mint heady hall circlehead

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: Khaki fanboi

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: Fear-inspiring Feces

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: Bright Gay Wizard Ticket Booth

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: Fear-inspiring Feces

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: Khaki fanboi

>>> 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: Obsidian passionate roast beef



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: transparent parlour wagecucks



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Disturbing Ladyboy Locus

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: Obsidian passionate roast beef

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: Outnumbered Persian



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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: Seedy 180 point trust fund

"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: pink faggot firefighter private investor

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: Khaki fanboi

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: Milky Bat Shit Crazy Brethren

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: Obsidian passionate roast beef



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: racy fuchsia boiling water



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: Beady-eyed Angry Genital Piercing Prole



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Cracking sex offender church



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: Irradiated At-the-ready Candlestick Maker



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: overrated floppy institution



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: Fear-inspiring Feces

**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: razzmatazz orange 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: Obsidian passionate roast beef



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Elite garnet round eye state

(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: Obsidian passionate roast beef

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: Sapphire Underhanded Knife

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: Obsidian passionate roast beef

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: Disgusting Travel Guidebook

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: Obsidian passionate roast beef

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: transparent parlour wagecucks



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Appetizing Mexican

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: Poppy macaca trump supporter

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: Disgusting Travel Guidebook

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: Obsidian passionate roast beef



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: Khaki fanboi

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: Disgusting Travel Guidebook

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: Razzle international law enforcement agency orchestra pit

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: Stirring sanctuary hunting ground



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Nofapping Voyeur

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: Stirring sanctuary hunting ground

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: swollen charcoal milk boistinker

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: useless sienna piazza 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: swollen charcoal milk boistinker

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: swollen charcoal milk boistinker

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: Milky Bat Shit Crazy Brethren

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)