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

https://archive.ph/qqLnJ
Cowardly ticket booth
  05/19/25
klarna's a bitch
henna cheese-eating love of her life turdskin
  05/19/25
...
hairless mexican stead
  05/19/25
mondays
Galvanic lake plaza
  05/19/25
...
Pale gaping
  05/19/25
...
excitant jet hall degenerate
  05/19/25
...
Vivacious mewling indian lodge
  05/20/25
...
chocolate exhilarant trust fund chapel
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
Provocative milk
  05/19/25
good luck repossessing my Taco Bell
supple ratface
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
boyish fishy dopamine corn cake
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
Stirring Very Tactful Scourge Upon The Earth
  05/20/25
Why do you “have to” buy a new iPhone every coup...
Curious National
  05/20/25
Because I break or lose the old one.
Stirring Very Tactful Scourge Upon The Earth
  05/20/25
>>> I still do not understand how we went from a wo...
boyish fishy dopamine corn cake
  05/20/25
...
amethyst area old irish cottage
  05/20/25
...
Brilliant Genital Piercing
  05/20/25
Proles are literally financing tacos. What a world.
titillating citrine death wish casino
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
amethyst area old irish cottage
  05/20/25
Good
slate candlestick maker
  05/20/25
"Klarna, which presented Monday’s earnings via an...
cerise parlour
  05/20/25
it turns out banks arent just "evil" and lending t...
Twinkling Bull Headed Hissy Fit Volcanic Crater
  05/20/25
They are also evil
boyish fishy dopamine corn cake
  05/20/25
Holy shit, not flame.
black sinister windowlicker
  05/20/25
...
amethyst area old irish cottage
  05/20/25
...
Provocative milk
  05/20/25
...
twisted business firm
  05/20/25
...
thriller orchestra pit affirmative action
  05/20/25
...
fragrant wine associate
  05/20/25
...
chocolate exhilarant trust fund chapel
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
Stirring Very Tactful Scourge Upon The Earth
  05/20/25
isn't that basically every loan?
laughsome deranged legend abode
  05/20/25
...
amethyst area old irish cottage
  05/20/25
(finance mba)
Lemon Garrison New Version
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
amethyst area old irish cottage
  05/20/25
they're obsessed with optimization but don't account for all...
Exciting hilarious incel gay wizard
  05/20/25
and because they're too autistic to understand and account f...
amethyst area old irish cottage
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
Buff Mood
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
amethyst area old irish cottage
  05/20/25
...
Brilliant Genital Piercing
  05/20/25
this is actually their business model though their busine...
Vibrant nubile location
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Electric sable karate
  05/20/25
twist: they sell these loan portfolios to others so they don...
Buff Mood
  05/20/25
...
amethyst area old irish cottage
  05/20/25
This brilliant business model works until people no longer b...
boyish fishy dopamine corn cake
  05/20/25
just increase penalty fees to juice the returns to offset th...
Buff Mood
  05/20/25
tsinah hack
Aquamarine odious jap messiness
  05/20/25
...
Useless Tripping Stag Film
  05/20/25
That's Anti-semitism
Light Stimulating Filthpig Jewess
  05/20/25
I don't need "credit" anymore. Should I start doi...
Useless Tripping Stag Film
  05/20/25
I’m shocked that financing burritos for proles is not ...
hyperventilating point
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
razzle-dazzle saffron idea he suggested
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
hyperventilating point
  05/21/25
Underreported part of this story is just how much Klarna and...
hyperventilating point
  05/21/25
It was all worth it to keep line go up for a couple of extra...
black sinister windowlicker
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: Cowardly ticket booth

https://archive.ph/qqLnJ

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946034)



Reply Favorite

Date: May 19th, 2025 10:23 PM
Author: henna cheese-eating love of her life turdskin

klarna's a bitch

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946044)



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: hairless mexican stead



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: Galvanic lake plaza

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: Pale gaping



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: excitant jet hall degenerate



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Vivacious mewling indian lodge



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: chocolate exhilarant trust fund chapel



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Provocative milk

you mean my tranche of burrito loans doesnt deserve that AAA rating?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946049)



Reply Favorite

Date: May 19th, 2025 10:37 PM
Author: supple ratface

good luck repossessing my Taco Bell



(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946078)



Reply Favorite

Date: May 20th, 2025 2:12 AM
Author: boyish fishy dopamine corn cake

Michael Burry currently making millions shorting Chipotle Burrito Bowl CLOs

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946385)



Reply Favorite

Date: May 20th, 2025 2:26 AM
Author: Stirring Very Tactful Scourge Upon The Earth

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...id.#48946391)



Reply Favorite

Date: May 20th, 2025 2:37 AM
Author: Curious National

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...id.#48946397)



Reply Favorite

Date: May 20th, 2025 3:34 AM
Author: Stirring Very Tactful Scourge Upon The Earth

Because I break or lose the old one.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946424)



Reply Favorite

Date: May 20th, 2025 4:02 AM
Author: boyish fishy dopamine corn cake

>>> 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...id.#48946436)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: amethyst area old irish cottage



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Brilliant Genital Piercing



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: titillating citrine death wish casino

Proles are literally financing tacos. What a world.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946399)



Reply Favorite

Date: May 20th, 2025 8:56 AM
Author: amethyst area old irish cottage

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...id.#48946656)



Reply Favorite

Date: May 20th, 2025 3:36 AM
Author: slate candlestick maker

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: cerise parlour

"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...id.#48946434)



Reply Favorite

Date: May 20th, 2025 8:48 AM
Author: Twinkling Bull Headed Hissy Fit Volcanic Crater

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...id.#48946645)



Reply Favorite

Date: May 20th, 2025 5:31 PM
Author: boyish fishy dopamine corn cake

They are also evil

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48948507)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: black sinister windowlicker

Holy shit, not flame.

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946655)



Reply Favorite

Date: May 20th, 2025 8:56 AM
Author: amethyst area old irish cottage



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: Provocative milk



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: twisted business firm



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: thriller orchestra pit affirmative action



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: fragrant wine associate



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: chocolate exhilarant trust fund chapel



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: Stirring Very Tactful Scourge Upon The Earth

**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...id.#48948572)



Reply Favorite

Date: May 20th, 2025 8:49 AM
Author: laughsome deranged legend abode

isn't that basically every loan?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946646)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: amethyst area old irish cottage



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Lemon Garrison New Version

(finance mba)

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48948561)



Reply Favorite

Date: May 20th, 2025 8:58 AM
Author: amethyst area old irish cottage

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...id.#48946660)



Reply Favorite

Date: May 20th, 2025 9:22 AM
Author: Exciting hilarious incel gay wizard

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...id.#48946686)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: amethyst area old irish cottage

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...id.#48946726)



Reply Favorite

Date: May 20th, 2025 9:38 AM
Author: Buff Mood

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...id.#48946731)



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: amethyst area old irish cottage

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...id.#48946742)



Reply Favorite

Date: May 20th, 2025 5:40 PM
Author: Brilliant Genital Piercing



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Vibrant nubile location

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...id.#48946716)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Electric sable karate

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...id.#48946728)



Reply Favorite

Date: May 20th, 2025 9:38 AM
Author: Buff Mood

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...id.#48946733)



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: amethyst area old irish cottage



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: boyish fishy dopamine corn cake

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...id.#48948514)



Reply Favorite

Date: May 20th, 2025 5:56 PM
Author: Buff Mood

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...id.#48948585)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Aquamarine odious jap messiness

tsinah hack

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946729)



Reply Favorite

Date: May 20th, 2025 5:35 PM
Author: Useless Tripping Stag Film



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Light Stimulating Filthpig Jewess

That's Anti-semitism

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48946743)



Reply Favorite

Date: May 20th, 2025 5:34 PM
Author: Useless Tripping Stag Film

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...id.#48948520)



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: hyperventilating point

I’m shocked that financing burritos for proles is not working out

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48948545)



Reply Favorite

Date: May 20th, 2025 7:49 PM
Author: razzle-dazzle saffron idea he suggested

Is Affirm in equally bad shape or is this specific to Klarna?

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2...id.#48948912)



Reply Favorite

Date: May 21st, 2025 6:54 AM
Author: hyperventilating point

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...id.#48950142)



Reply Favorite

Date: May 21st, 2025 6:58 AM
Author: hyperventilating point

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...id.#48950145)



Reply Favorite

Date: May 21st, 2025 7:24 AM
Author: black sinister windowlicker

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...id.#48950163)