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

https://archive.ph/qqLnJ
hyperactive slimy crackhouse multi-billionaire
  05/19/25
klarna's a bitch
Bat shit crazy fantasy-prone garrison hissy fit
  05/19/25
...
exciting new version
  05/19/25
mondays
crusty slap-happy institution
  05/19/25
...
Bistre Stag Film Water Buffalo
  05/19/25
...
bateful space windowlicker
  05/19/25
...
Violent boiling water mad cow disease
  05/20/25
...
Walnut kink-friendly national
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
thriller gaped locale
  05/19/25
good luck repossessing my Taco Bell
Canary Buck-toothed Rigor
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
Hideous Pale Property
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
grizzly maniacal menage newt
  05/20/25
Why do you “have to” buy a new iPhone every coup...
mildly autistic feces theatre
  05/20/25
Because I break or lose the old one.
grizzly maniacal menage newt
  05/20/25
>>> I still do not understand how we went from a wo...
Hideous Pale Property
  05/20/25
...
Dead Office
  05/20/25
...
Yapping jap
  05/20/25
Proles are literally financing tacos. What a world.
Judgmental den preventive strike
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Dead Office
  05/20/25
Good
Learning Disabled Plaza Incel
  05/20/25
"Klarna, which presented Monday’s earnings via an...
Clear zombie-like stead
  05/20/25
it turns out banks arent just "evil" and lending t...
Adulterous chartreuse lettuce toilet seat
  05/20/25
They are also evil
Hideous Pale Property
  05/20/25
Holy shit, not flame.
Sienna dog poop
  05/20/25
...
Dead Office
  05/20/25
...
thriller gaped locale
  05/20/25
...
at-the-ready gas station
  05/20/25
...
Histrionic Sandwich Sanctuary
  05/20/25
...
zippy umber point
  05/20/25
...
Walnut kink-friendly national
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
grizzly maniacal menage newt
  05/20/25
isn't that basically every loan?
salmon curious mexican
  05/20/25
...
Dead Office
  05/20/25
(finance mba)
Jet Stimulating Quadroon Mediation
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Dead Office
  05/20/25
they're obsessed with optimization but don't account for all...
Territorial Library
  05/20/25
and because they're too autistic to understand and account f...
Dead Office
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
elite degenerate whorehouse
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Dead Office
  05/20/25
...
Yapping jap
  05/20/25
this is actually their business model though their busine...
cyan harsh resort toaster
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Cobalt Mood
  05/20/25
twist: they sell these loan portfolios to others so they don...
elite degenerate whorehouse
  05/20/25
...
Dead Office
  05/20/25
This brilliant business model works until people no longer b...
Hideous Pale Property
  05/20/25
just increase penalty fees to juice the returns to offset th...
elite degenerate whorehouse
  05/20/25
tsinah hack
Diverse overrated state
  05/20/25
...
Provocative hell clown
  05/20/25
That's Anti-semitism
Green Irradiated Box Office Coffee Pot
  05/20/25
I don't need "credit" anymore. Should I start doi...
Provocative hell clown
  05/20/25
I’m shocked that financing burritos for proles is not ...
razzle-dazzle frisky parlor weed whacker
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
trip dilemma
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
razzle-dazzle frisky parlor weed whacker
  05/21/25
Underreported part of this story is just how much Klarna and...
razzle-dazzle frisky parlor weed whacker
  05/21/25
It was all worth it to keep line go up for a couple of extra...
Sienna dog poop
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: hyperactive slimy crackhouse multi-billionaire

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: Bat shit crazy fantasy-prone garrison hissy fit

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: exciting new version



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: crusty slap-happy institution

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: Bistre Stag Film Water Buffalo



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: bateful space windowlicker



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: Violent boiling water mad cow disease



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Walnut kink-friendly national



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: thriller gaped locale

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: Canary Buck-toothed Rigor

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: Hideous Pale Property

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: grizzly maniacal menage newt

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: mildly autistic feces theatre

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: grizzly maniacal menage newt

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: Hideous Pale Property

>>> 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: Dead Office



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: Yapping jap



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: Judgmental den preventive strike

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: Dead Office

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: Learning Disabled Plaza Incel

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: Clear zombie-like stead

"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: Adulterous chartreuse lettuce toilet seat

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: Hideous Pale Property

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: Sienna dog poop

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: Dead Office



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: thriller gaped locale



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: at-the-ready gas station



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Histrionic Sandwich Sanctuary



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: zippy umber point



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Walnut kink-friendly national



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: grizzly maniacal menage newt

**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: salmon curious mexican

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: Dead Office



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: Jet Stimulating Quadroon Mediation

(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: Dead Office

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: Territorial Library

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: Dead Office

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: elite degenerate whorehouse

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: Dead Office

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: Yapping jap



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: cyan harsh resort toaster

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: Cobalt Mood

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: elite degenerate whorehouse

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: Dead Office



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: Hideous Pale Property

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: elite degenerate whorehouse

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: Diverse overrated state

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: Provocative hell clown



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Green Irradiated Box Office Coffee Pot

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: Provocative hell clown

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: razzle-dazzle frisky parlor weed whacker

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: trip dilemma

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: razzle-dazzle frisky parlor weed whacker

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: razzle-dazzle frisky parlor weed whacker

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: Sienna dog poop

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)