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

https://archive.ph/qqLnJ
Olive church faggotry
  05/19/25
klarna's a bitch
Overrated Community Account Sanctuary
  05/19/25
...
Flesh Spectacular Institution Codepig
  05/19/25
mondays
buff center ape
  05/19/25
...
Anal lodge
  05/19/25
...
Honey-headed spot patrolman
  05/19/25
...
up-to-no-good set
  05/20/25
...
Mischievous Vigorous Hospital Friendly Grandma
  05/20/25
you mean my tranche of burrito loans doesnt deserve that AAA...
Excitant flushed national security agency menage
  05/19/25
good luck repossessing my Taco Bell
razzle juggernaut
  05/19/25
Michael Burry currently making millions shorting Chipotle Bu...
burgundy concupiscible site
  05/20/25
Good. Jesus Christ. Every couple years when I have to ...
Mind-boggling pea-brained chapel dragon
  05/20/25
Why do you “have to” buy a new iPhone every coup...
contagious brindle knife
  05/20/25
Because I break or lose the old one.
Mind-boggling pea-brained chapel dragon
  05/20/25
>>> I still do not understand how we went from a wo...
burgundy concupiscible site
  05/20/25
...
Sepia histrionic public bath
  05/20/25
...
cerebral water buffalo point
  05/20/25
Proles are literally financing tacos. What a world.
sadistic glittery scourge upon the earth
  05/20/25
ubereats as a tab for SNAP which seems like a red flag for t...
Sepia histrionic public bath
  05/20/25
Good
Crystalline Bearded Main People Box Office
  05/20/25
"Klarna, which presented Monday’s earnings via an...
Effete slimy circlehead field
  05/20/25
it turns out banks arent just "evil" and lending t...
passionate useless legend turdskin
  05/20/25
They are also evil
burgundy concupiscible site
  05/20/25
Holy shit, not flame.
stimulating house partner
  05/20/25
...
Sepia histrionic public bath
  05/20/25
...
Excitant flushed national security agency menage
  05/20/25
...
geriatric crusty cruise ship
  05/20/25
...
Bronze bawdyhouse messiness
  05/20/25
...
tan jap principal's office
  05/20/25
...
Mischievous Vigorous Hospital Friendly Grandma
  05/20/25
**lib sees that AI avatar is ambiguously multiracial and has...
Mind-boggling pea-brained chapel dragon
  05/20/25
isn't that basically every loan?
Fuchsia bonkers crackhouse
  05/20/25
...
Sepia histrionic public bath
  05/20/25
(finance mba)
dark supple lay incel
  05/20/25
ever notice that tech Engineers fail like this constantly? i...
Sepia histrionic public bath
  05/20/25
they're obsessed with optimization but don't account for all...
Unholy background story
  05/20/25
and because they're too autistic to understand and account f...
Sepia histrionic public bath
  05/20/25
i am MAF i didnt invest in carvana. look is stock last 2-3 y...
exhilarant smoky stage
  05/20/25
lmfao holy shit! i thought of carvana when i made this po...
Sepia histrionic public bath
  05/20/25
...
cerebral water buffalo point
  05/20/25
this is actually their business model though their busine...
irradiated translucent death wish coffee pot
  05/20/25
you are dreaming if you think it's only dumb Blacks, prole w...
Demanding plaza
  05/20/25
twist: they sell these loan portfolios to others so they don...
exhilarant smoky stage
  05/20/25
...
Sepia histrionic public bath
  05/20/25
This brilliant business model works until people no longer b...
burgundy concupiscible site
  05/20/25
just increase penalty fees to juice the returns to offset th...
exhilarant smoky stage
  05/20/25
tsinah hack
Poppy brunch
  05/20/25
...
Elite idiot alpha
  05/20/25
That's Anti-semitism
lake french chef address
  05/20/25
I don't need "credit" anymore. Should I start doi...
Elite idiot alpha
  05/20/25
I’m shocked that financing burritos for proles is not ...
cowardly cracking preventive strike
  05/20/25
Is Affirm in equally bad shape or is this specific to Klarna...
wild light trump supporter tanning salon
  05/20/25
lol, it’s the model that’s fucked. Maybe one ha...
cowardly cracking preventive strike
  05/21/25
Underreported part of this story is just how much Klarna and...
cowardly cracking preventive strike
  05/21/25
It was all worth it to keep line go up for a couple of extra...
stimulating house partner
  05/21/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2025 10:21 PM
Author: Olive church faggotry

https://archive.ph/qqLnJ

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



Reply Favorite

Date: May 19th, 2025 10:23 PM
Author: Overrated Community Account Sanctuary

klarna's a bitch

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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Flesh Spectacular Institution Codepig



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



Reply Favorite

Date: May 19th, 2025 10:24 PM
Author: buff center ape

mondays

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



Reply Favorite

Date: May 19th, 2025 10:25 PM
Author: Anal lodge



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



Reply Favorite

Date: May 19th, 2025 10:28 PM
Author: Honey-headed spot patrolman



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



Reply Favorite

Date: May 20th, 2025 3:42 AM
Author: up-to-no-good set



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Mischievous Vigorous Hospital Friendly Grandma



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



Reply Favorite

Date: May 19th, 2025 10:26 PM
Author: Excitant flushed national security agency menage

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

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



Reply Favorite

Date: May 19th, 2025 10:37 PM
Author: razzle juggernaut

good luck repossessing my Taco Bell



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



Reply Favorite

Date: May 20th, 2025 2:12 AM
Author: burgundy concupiscible site

Michael Burry currently making millions shorting Chipotle Burrito Bowl CLOs

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



Reply Favorite

Date: May 20th, 2025 2:26 AM
Author: Mind-boggling pea-brained chapel dragon

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=2E#48946391)



Reply Favorite

Date: May 20th, 2025 2:37 AM
Author: contagious brindle knife

Why do you “have to” buy a new iPhone every couple of years

(http://www.autoadmit.com/thread.php?thread_id=5727584&forum_id=2E#48946397)



Reply Favorite

Date: May 20th, 2025 3:34 AM
Author: Mind-boggling pea-brained chapel dragon

Because I break or lose the old one.

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



Reply Favorite

Date: May 20th, 2025 4:02 AM
Author: burgundy concupiscible site

>>> 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=2E#48946436)



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: Sepia histrionic public bath



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



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: cerebral water buffalo point



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



Reply Favorite

Date: May 20th, 2025 2:46 AM
Author: sadistic glittery scourge upon the earth

Proles are literally financing tacos. What a world.

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



Reply Favorite

Date: May 20th, 2025 8:56 AM
Author: Sepia histrionic public bath

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=2E#48946656)



Reply Favorite

Date: May 20th, 2025 3:36 AM
Author: Crystalline Bearded Main People Box Office

Good

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



Reply Favorite

Date: May 20th, 2025 3:54 AM
Author: Effete slimy circlehead field

"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=2E#48946434)



Reply Favorite

Date: May 20th, 2025 8:48 AM
Author: passionate useless legend turdskin

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=2E#48946645)



Reply Favorite

Date: May 20th, 2025 5:31 PM
Author: burgundy concupiscible site

They are also evil

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



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: stimulating house partner

Holy shit, not flame.

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



Reply Favorite

Date: May 20th, 2025 8:56 AM
Author: Sepia histrionic public bath



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



Reply Favorite

Date: May 20th, 2025 9:08 AM
Author: Excitant flushed national security agency menage



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



Reply Favorite

Date: May 20th, 2025 9:27 AM
Author: geriatric crusty cruise ship



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



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Bronze bawdyhouse messiness



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



Reply Favorite

Date: May 20th, 2025 5:37 PM
Author: tan jap principal's office



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



Reply Favorite

Date: May 20th, 2025 5:43 PM
Author: Mischievous Vigorous Hospital Friendly Grandma



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



Reply Favorite

Date: May 20th, 2025 5:51 PM
Author: Mind-boggling pea-brained chapel dragon

**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=2E#48948572)



Reply Favorite

Date: May 20th, 2025 8:49 AM
Author: Fuchsia bonkers crackhouse

isn't that basically every loan?

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



Reply Favorite

Date: May 20th, 2025 8:55 AM
Author: Sepia histrionic public bath



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



Reply Favorite

Date: May 20th, 2025 5:44 PM
Author: dark supple lay incel

(finance mba)

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



Reply Favorite

Date: May 20th, 2025 8:58 AM
Author: Sepia histrionic public bath

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=2E#48946660)



Reply Favorite

Date: May 20th, 2025 9:22 AM
Author: Unholy background story

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=2E#48946686)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Sepia histrionic public bath

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=2E#48946726)



Reply Favorite

Date: May 20th, 2025 9:38 AM
Author: exhilarant smoky stage

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=2E#48946731)



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Sepia histrionic public bath

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=2E#48946742)



Reply Favorite

Date: May 20th, 2025 5:40 PM
Author: cerebral water buffalo point



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



Reply Favorite

Date: May 20th, 2025 9:35 AM
Author: irradiated translucent death wish coffee pot

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=2E#48946716)



Reply Favorite

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

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=2E#48946728)



Reply Favorite

Date: May 20th, 2025 9:38 AM
Author: exhilarant smoky stage

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=2E#48946733)



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: Sepia histrionic public bath



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



Reply Favorite

Date: May 20th, 2025 5:32 PM
Author: burgundy concupiscible site

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=2E#48948514)



Reply Favorite

Date: May 20th, 2025 5:56 PM
Author: exhilarant smoky stage

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=2E#48948585)



Reply Favorite

Date: May 20th, 2025 9:37 AM
Author: Poppy brunch

tsinah hack

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



Reply Favorite

Date: May 20th, 2025 5:35 PM
Author: Elite idiot alpha



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



Reply Favorite

Date: May 20th, 2025 9:40 AM
Author: lake french chef address

That's Anti-semitism

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



Reply Favorite

Date: May 20th, 2025 5:34 PM
Author: Elite idiot alpha

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=2E#48948520)



Reply Favorite

Date: May 20th, 2025 5:39 PM
Author: cowardly cracking preventive strike

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

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



Reply Favorite

Date: May 20th, 2025 7:49 PM
Author: wild light trump supporter tanning salon

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

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



Reply Favorite

Date: May 21st, 2025 6:54 AM
Author: cowardly cracking preventive strike

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=2E#48950142)



Reply Favorite

Date: May 21st, 2025 6:58 AM
Author: cowardly cracking preventive strike

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=2E#48950145)



Reply Favorite

Date: May 21st, 2025 7:24 AM
Author: stimulating house partner

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=2E#48950163)