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

https://archive.ph/qqLnJ
aromatic trailer park keepsake machete
  05/19/25
klarna's a bitch
Yellow dopamine boistinker
  05/19/25
...
Flesh Forum
  05/19/25
mondays
Vermilion national circlehead
  05/19/25
...
Arrogant Theatre Deer Antler
  05/19/25
...
Obsidian slimy electric furnace
  05/19/25
...
Titillating embarrassed to the bone partner
  05/20/25
...
electric whorehouse turdskin
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
Honey-headed abode
  05/19/25
good luck repossessing my Taco Bell
Vivacious brindle gas station dragon
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
pearly godawful field lettuce
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
magenta sadistic base striped hyena
  05/20/25
Why do you “have to” buy a new iPhone every coup...
ivory pocket flask location
  05/20/25
Because I break or lose the old one.
magenta sadistic base striped hyena
  05/20/25
>>> I still do not understand how we went from a wo...
pearly godawful field lettuce
  05/20/25
...
misunderstood theater
  05/20/25
...
beady-eyed territorial hissy fit
  05/20/25
Proles are literally financing tacos. What a world.
bearded halford
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
misunderstood theater
  05/20/25
Good
mildly autistic kitty cat state
  05/20/25
"Klarna, which presented Monday’s earnings via an...
nudist idea he suggested
  05/20/25
it turns out banks arent just "evil" and lending t...
adventurous french filthpig sound barrier
  05/20/25
They are also evil
pearly godawful field lettuce
  05/20/25
Holy shit, not flame.
Walnut Spectacular Dingle Berry Feces
  05/20/25
...
misunderstood theater
  05/20/25
...
Honey-headed abode
  05/20/25
...
Bateful newt
  05/20/25
...
Pale incel
  05/20/25
...
up-to-no-good library personal credit line
  05/20/25
...
electric whorehouse turdskin
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
magenta sadistic base striped hyena
  05/20/25
isn't that basically every loan?
bearded spot headpube
  05/20/25
...
misunderstood theater
  05/20/25
(finance mba)
Garnet Dilemma Pisswyrm
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
misunderstood theater
  05/20/25
they're obsessed with optimization but don't account for all...
Clear Gunner
  05/20/25
and because they're too autistic to understand and account f...
misunderstood theater
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
crimson property
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
misunderstood theater
  05/20/25
...
beady-eyed territorial hissy fit
  05/20/25
this is actually their business model though their busine...
Tantric genital piercing stain
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
grizzly private investor
  05/20/25
twist: they sell these loan portfolios to others so they don...
crimson property
  05/20/25
...
misunderstood theater
  05/20/25
This brilliant business model works until people no longer b...
pearly godawful field lettuce
  05/20/25
just increase penalty fees to juice the returns to offset th...
crimson property
  05/20/25
tsinah hack
Buck-toothed black woman mental disorder
  05/20/25
...
Thriller gay wizard school
  05/20/25
That's Anti-semitism
Puce hairraiser dog poop
  05/20/25
I don't need "credit" anymore. Should I start doi...
Thriller gay wizard school
  05/20/25
I’m shocked that financing burritos for proles is not ...
Cerise Water Buffalo
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
Big senate
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
Cerise Water Buffalo
  05/21/25
Underreported part of this story is just how much Klarna and...
Cerise Water Buffalo
  05/21/25
It was all worth it to keep line go up for a couple of extra...
Walnut Spectacular Dingle Berry Feces
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: aromatic trailer park keepsake machete

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: Yellow dopamine boistinker

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: Flesh Forum



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: Vermilion national circlehead

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: Arrogant Theatre Deer Antler



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Obsidian slimy electric furnace



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Titillating embarrassed to the bone partner



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: electric whorehouse turdskin



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Honey-headed abode

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: Vivacious brindle gas station dragon

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: pearly godawful field lettuce

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: magenta sadistic base striped hyena

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: ivory pocket flask location

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: magenta sadistic base striped hyena

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: pearly godawful field lettuce

>>> 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: misunderstood theater



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: beady-eyed territorial hissy fit



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: bearded halford

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: misunderstood theater

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: mildly autistic kitty cat state

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: nudist idea he suggested

"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: adventurous french filthpig sound barrier

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: pearly godawful field lettuce

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: Walnut Spectacular Dingle Berry Feces

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: misunderstood theater



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: Honey-headed abode



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: Bateful newt



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Pale incel



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: up-to-no-good library personal credit line



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: electric whorehouse turdskin



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: magenta sadistic base striped hyena

**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: bearded spot headpube

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: misunderstood theater



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Garnet Dilemma Pisswyrm

(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: misunderstood theater

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: Clear Gunner

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: misunderstood theater

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: crimson property

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: misunderstood theater

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: beady-eyed territorial hissy fit



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: Tantric genital piercing stain

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: grizzly private investor

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: crimson property

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: misunderstood theater



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: pearly godawful field lettuce

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: crimson property

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: Buck-toothed black woman mental disorder

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: Thriller gay wizard school



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Puce hairraiser dog poop

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: Thriller gay wizard school

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: Cerise Water Buffalo

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: Big senate

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: Cerise Water Buffalo

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: Cerise Water Buffalo

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: Walnut Spectacular Dingle Berry Feces

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)