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

https://archive.ph/qqLnJ
chestnut cruel-hearted lodge clown
  05/19/25
klarna's a bitch
pontificating exciting athletic conference alpha
  05/19/25
...
cocky kitchen ape
  05/19/25
mondays
Fluffy Sapphire Garrison
  05/19/25
...
fuchsia sanctuary macaca
  05/19/25
...
cheese-eating stage hissy fit
  05/19/25
...
marvelous topaz associate
  05/20/25
...
lavender costumed quadroon
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
confused vigorous nursing home
  05/19/25
good luck repossessing my Taco Bell
Bateful Forum
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
heady affirmative action selfie
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
bearded senate crotch
  05/20/25
Why do you “have to” buy a new iPhone every coup...
Motley Demanding Dog Poop Rehab
  05/20/25
Because I break or lose the old one.
bearded senate crotch
  05/20/25
>>> I still do not understand how we went from a wo...
heady affirmative action selfie
  05/20/25
...
coral lettuce
  05/20/25
...
Violent doobsian shrine
  05/20/25
Proles are literally financing tacos. What a world.
Stimulating silver kitty cat cuckoldry
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
coral lettuce
  05/20/25
...
Turquoise candlestick maker
  05/20/25
"Klarna, which presented Monday’s earnings via an...
Soul-stirring circlehead
  05/20/25
it turns out banks arent just "evil" and lending t...
razzle hominid
  05/20/25
They are also evil
heady affirmative action selfie
  05/20/25
Holy shit, not flame.
Adventurous plaza
  05/20/25
...
coral lettuce
  05/20/25
...
confused vigorous nursing home
  05/20/25
...
dashing maroon codepig
  05/20/25
...
magenta knife indian lodge
  05/20/25
...
provocative angry milk death wish
  05/20/25
...
lavender costumed quadroon
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
bearded senate crotch
  05/20/25
isn't that basically every loan?
Impressive Hospital
  05/20/25
...
coral lettuce
  05/20/25
(finance mba)
Sexy stage digit ratio
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
coral lettuce
  05/20/25
they're obsessed with optimization but don't account for all...
transparent trailer park toilet seat
  05/20/25
and because they're too autistic to understand and account f...
coral lettuce
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
adulterous corn cake public bath
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
coral lettuce
  05/20/25
...
Violent doobsian shrine
  05/20/25
this is actually their business model though their busine...
shivering brass boiling water indirect expression
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Razzle-dazzle claret church building persian
  05/20/25
twist: they sell these loan portfolios to others so they don...
adulterous corn cake public bath
  05/20/25
...
coral lettuce
  05/20/25
This brilliant business model works until people no longer b...
heady affirmative action selfie
  05/20/25
just increase penalty fees to juice the returns to offset th...
adulterous corn cake public bath
  05/20/25
tsinah hack
Contagious trump supporter
  05/20/25
...
bonkers rigor
  05/20/25
That's Anti-semitism
french sound barrier abode
  05/20/25
I don't need "credit" anymore. Should I start doi...
bonkers rigor
  05/20/25
I’m shocked that financing burritos for proles is not ...
stirring fighting step-uncle's house ceo
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
Laughsome Mint Mediation
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
stirring fighting step-uncle's house ceo
  05/21/25
Underreported part of this story is just how much Klarna and...
stirring fighting step-uncle's house ceo
  05/21/25
It was all worth it to keep line go up for a couple of extra...
Adventurous plaza
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: chestnut cruel-hearted lodge clown

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: pontificating exciting athletic conference alpha

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: cocky kitchen ape



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: Fluffy Sapphire Garrison

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: fuchsia sanctuary macaca



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: cheese-eating stage hissy fit



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: marvelous topaz associate



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: lavender costumed quadroon



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: confused vigorous nursing home

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: Bateful Forum

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: heady affirmative action selfie

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: bearded senate crotch

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: Motley Demanding Dog Poop Rehab

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: bearded senate crotch

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: heady affirmative action selfie

>>> 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: coral lettuce



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Violent doobsian shrine



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Stimulating silver kitty cat cuckoldry

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: coral lettuce

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: Turquoise candlestick maker



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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: Soul-stirring circlehead

"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: razzle hominid

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: heady affirmative action selfie

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: Adventurous plaza

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: coral lettuce



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: confused vigorous nursing home



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: dashing maroon codepig



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: magenta knife indian lodge



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: provocative angry milk death wish



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: lavender costumed quadroon



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: bearded senate crotch

**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: Impressive Hospital

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: coral lettuce



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Sexy stage digit ratio

(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: coral lettuce

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: transparent trailer park toilet seat

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: coral lettuce

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: adulterous corn cake public bath

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: coral lettuce

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: Violent doobsian shrine



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: shivering brass boiling water indirect expression

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: Razzle-dazzle claret church building persian

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: adulterous corn cake public bath

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: coral lettuce



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: heady affirmative action selfie

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: adulterous corn cake public bath

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: Contagious trump supporter

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: bonkers rigor



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: french sound barrier abode

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: bonkers rigor

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: stirring fighting step-uncle's house ceo

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: Laughsome Mint Mediation

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: stirring fighting step-uncle's house ceo

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: stirring fighting step-uncle's house ceo

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: Adventurous plaza

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)