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

https://archive.ph/qqLnJ
chestnut federal meetinghouse ape
  05/19/25
klarna's a bitch
plum startling chad senate
  05/19/25
...
floppy brunch
  05/19/25
mondays
brindle doctorate dopamine
  05/19/25
...
useless crackhouse
  05/19/25
...
Impressive Locale
  05/19/25
...
Brilliant stimulating address
  05/20/25
...
exhilarant wild hell
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
Pungent regret
  05/19/25
good luck repossessing my Taco Bell
180 Iridescent Marketing Idea Temple
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
misunderstood voyeur den
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
fuchsia chapel mexican
  05/20/25
Why do you “have to” buy a new iPhone every coup...
Impertinent keepsake machete
  05/20/25
Because I break or lose the old one.
fuchsia chapel mexican
  05/20/25
>>> I still do not understand how we went from a wo...
misunderstood voyeur den
  05/20/25
...
Pale Painfully Honest Rehab Striped Hyena
  05/20/25
...
bateful associate knife
  05/20/25
Proles are literally financing tacos. What a world.
Amethyst Stage
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Pale Painfully Honest Rehab Striped Hyena
  05/20/25
Good
Pearl galvanic macaca
  05/20/25
"Klarna, which presented Monday’s earnings via an...
vivacious stag film azn
  05/20/25
it turns out banks arent just "evil" and lending t...
Maniacal Irate Foreskin Athletic Conference
  05/20/25
They are also evil
misunderstood voyeur den
  05/20/25
Holy shit, not flame.
abusive range
  05/20/25
...
Pale Painfully Honest Rehab Striped Hyena
  05/20/25
...
Pungent regret
  05/20/25
...
milky talented school cafeteria jap
  05/20/25
...
swashbuckling puppy
  05/20/25
...
sapphire public bath
  05/20/25
...
exhilarant wild hell
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
fuchsia chapel mexican
  05/20/25
isn't that basically every loan?
lascivious weed whacker
  05/20/25
...
Pale Painfully Honest Rehab Striped Hyena
  05/20/25
(finance mba)
Crystalline National
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Pale Painfully Honest Rehab Striped Hyena
  05/20/25
they're obsessed with optimization but don't account for all...
tan indirect expression principal's office
  05/20/25
and because they're too autistic to understand and account f...
Pale Painfully Honest Rehab Striped Hyena
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
Stirring Church Building
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Pale Painfully Honest Rehab Striped Hyena
  05/20/25
...
bateful associate knife
  05/20/25
this is actually their business model though their busine...
Aromatic Obsidian Point Karate
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
zippy abode
  05/20/25
twist: they sell these loan portfolios to others so they don...
Stirring Church Building
  05/20/25
...
Pale Painfully Honest Rehab Striped Hyena
  05/20/25
This brilliant business model works until people no longer b...
misunderstood voyeur den
  05/20/25
just increase penalty fees to juice the returns to offset th...
Stirring Church Building
  05/20/25
tsinah hack
splenetic beady-eyed elastic band
  05/20/25
...
Claret Hilarious Round Eye
  05/20/25
That's Anti-semitism
ocher dead step-uncle's house depressive
  05/20/25
I don't need "credit" anymore. Should I start doi...
Claret Hilarious Round Eye
  05/20/25
I’m shocked that financing burritos for proles is not ...
Carmine violent office
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
mint razzle-dazzle water buffalo
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
Carmine violent office
  05/21/25
Underreported part of this story is just how much Klarna and...
Carmine violent office
  05/21/25
It was all worth it to keep line go up for a couple of extra...
abusive range
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: chestnut federal meetinghouse ape

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: plum startling chad senate

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: floppy brunch



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: brindle doctorate dopamine

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: useless crackhouse



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Impressive Locale



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Brilliant stimulating address



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: exhilarant wild hell



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Pungent regret

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: 180 Iridescent Marketing Idea Temple

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: misunderstood voyeur den

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: fuchsia chapel mexican

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: Impertinent keepsake machete

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: fuchsia chapel mexican

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: misunderstood voyeur den

>>> 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: Pale Painfully Honest Rehab Striped Hyena



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: bateful associate knife



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Amethyst Stage

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: Pale Painfully Honest Rehab Striped Hyena

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: Pearl galvanic macaca

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: vivacious stag film azn

"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: Maniacal Irate Foreskin Athletic Conference

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: misunderstood voyeur den

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: abusive range

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: Pale Painfully Honest Rehab Striped Hyena



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: Pungent regret



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: milky talented school cafeteria jap



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: swashbuckling puppy



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: sapphire public bath



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: exhilarant wild hell



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: fuchsia chapel mexican

**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: lascivious weed whacker

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: Pale Painfully Honest Rehab Striped Hyena



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Crystalline National

(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: Pale Painfully Honest Rehab Striped Hyena

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: tan indirect expression principal's office

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: Pale Painfully Honest Rehab Striped Hyena

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: Stirring Church Building

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: Pale Painfully Honest Rehab Striped Hyena

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: bateful associate knife



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Aromatic Obsidian Point Karate

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: zippy abode

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: Stirring Church Building

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: Pale Painfully Honest Rehab Striped Hyena



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: misunderstood voyeur den

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: Stirring Church Building

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: splenetic beady-eyed elastic band

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: Claret Hilarious Round Eye



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: ocher dead step-uncle's house depressive

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: Claret Hilarious Round Eye

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: Carmine violent office

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: mint razzle-dazzle water buffalo

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: Carmine violent office

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: Carmine violent office

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: abusive range

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)