\
  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
Fluffy Grizzly Coffee Pot
  05/19/25
klarna's a bitch
iridescent goyim
  05/19/25
...
Sick associate
  05/19/25
mondays
trip lodge
  05/19/25
...
Stirring khaki location
  05/19/25
...
Turquoise Pisswyrm Dilemma
  05/19/25
...
Gay erotic pozpig fortuitous meteor
  05/20/25
...
Beady-eyed senate
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
Effete theater stage mediation
  05/19/25
good luck repossessing my Taco Bell
Zombie-like milk
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
Purple party of the first part
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
splenetic cracking goal in life sanctuary
  05/20/25
Why do you “have to” buy a new iPhone every coup...
soggy pearly parlour cuckold
  05/20/25
Because I break or lose the old one.
splenetic cracking goal in life sanctuary
  05/20/25
>>> I still do not understand how we went from a wo...
Purple party of the first part
  05/20/25
...
Razzle-dazzle dysfunction parlor
  05/20/25
...
Opaque pontificating pervert
  05/20/25
Proles are literally financing tacos. What a world.
Lascivious Field
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Razzle-dazzle dysfunction parlor
  05/20/25
...
Cerebral police squad tanning salon
  05/20/25
"Klarna, which presented Monday’s earnings via an...
Thirsty galvanic stage knife
  05/20/25
it turns out banks arent just "evil" and lending t...
magical charismatic trump supporter bawdyhouse
  05/20/25
They are also evil
Purple party of the first part
  05/20/25
Holy shit, not flame.
twinkling school
  05/20/25
...
Razzle-dazzle dysfunction parlor
  05/20/25
...
Effete theater stage mediation
  05/20/25
...
Supple out-of-control meetinghouse ceo
  05/20/25
...
violent plaza
  05/20/25
...
plum gunner
  05/20/25
...
Beady-eyed senate
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
splenetic cracking goal in life sanctuary
  05/20/25
isn't that basically every loan?
Floppy Blathering Stain Space
  05/20/25
...
Razzle-dazzle dysfunction parlor
  05/20/25
(finance mba)
Exciting area
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Razzle-dazzle dysfunction parlor
  05/20/25
they're obsessed with optimization but don't account for all...
Olive haunted graveyard azn
  05/20/25
and because they're too autistic to understand and account f...
Razzle-dazzle dysfunction parlor
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
Alcoholic soul-stirring generalized bond feces
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Razzle-dazzle dysfunction parlor
  05/20/25
...
Opaque pontificating pervert
  05/20/25
this is actually their business model though their busine...
Emerald becky
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Underhanded forum
  05/20/25
twist: they sell these loan portfolios to others so they don...
Alcoholic soul-stirring generalized bond feces
  05/20/25
...
Razzle-dazzle dysfunction parlor
  05/20/25
This brilliant business model works until people no longer b...
Purple party of the first part
  05/20/25
just increase penalty fees to juice the returns to offset th...
Alcoholic soul-stirring generalized bond feces
  05/20/25
tsinah hack
Marvelous buck-toothed coldplay fan
  05/20/25
...
Laughsome umber quadroon
  05/20/25
That's Anti-semitism
Rambunctious spot
  05/20/25
I don't need "credit" anymore. Should I start doi...
Laughsome umber quadroon
  05/20/25
I’m shocked that financing burritos for proles is not ...
sepia telephone
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
Passionate Cheese-eating Address
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
sepia telephone
  05/21/25
Underreported part of this story is just how much Klarna and...
sepia telephone
  05/21/25
It was all worth it to keep line go up for a couple of extra...
twinkling school
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: Fluffy Grizzly Coffee Pot

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: iridescent goyim

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: Sick associate



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: trip lodge

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: Stirring khaki location



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Turquoise Pisswyrm Dilemma



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Gay erotic pozpig fortuitous meteor



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Beady-eyed senate



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Effete theater stage mediation

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: Zombie-like milk

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: Purple party of the first part

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: splenetic cracking goal in life sanctuary

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: soggy pearly parlour cuckold

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: splenetic cracking goal in life sanctuary

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: Purple party of the first part

>>> 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: Razzle-dazzle dysfunction parlor



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Opaque pontificating pervert



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Lascivious Field

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: Razzle-dazzle dysfunction parlor

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: Cerebral police squad tanning salon



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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: Thirsty galvanic stage knife

"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: magical charismatic trump supporter bawdyhouse

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: Purple party of the first part

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: twinkling school

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: Razzle-dazzle dysfunction parlor



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: Effete theater stage mediation



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: Supple out-of-control meetinghouse ceo



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: violent plaza



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: plum gunner



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Beady-eyed senate



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: splenetic cracking goal in life sanctuary

**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: Floppy Blathering Stain Space

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: Razzle-dazzle dysfunction parlor



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Exciting area

(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: Razzle-dazzle dysfunction parlor

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: Olive haunted graveyard azn

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: Razzle-dazzle dysfunction parlor

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: Alcoholic soul-stirring generalized bond feces

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: Razzle-dazzle dysfunction parlor

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: Opaque pontificating pervert



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Emerald becky

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: Underhanded forum

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: Alcoholic soul-stirring generalized bond feces

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: Razzle-dazzle dysfunction parlor



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: Purple party of the first part

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: Alcoholic soul-stirring generalized bond feces

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: Marvelous buck-toothed coldplay fan

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: Laughsome umber quadroon



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Rambunctious spot

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: Laughsome umber quadroon

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: sepia telephone

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: Passionate Cheese-eating Address

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: sepia telephone

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: sepia telephone

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: twinkling school

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)