Millennials aren't repaying their Klarna grocery loans

"Numbers," huh? I hate Numbers.

I don't have any of the data handy to dispove you, but I think the number of people who do pay in full every month without paying interest is like 4% (going from memory). I think there was some insane statistic like 80% of credit card holders have like $6000 of debt regularly carried over every month.

no, he's just a guerilla marketing bot for BK since Arby's is the sandwich of white supremacists.

most of the shops in my town try and push you in to paying with Klarna, and most here regard it as getting free stuff. their business model is shaky, and exploitable.

be white

pay back immediately

got 0% interest

be brown

dont pay back anything at all

lost 100%

Shieeeeet

479 Swedish dollars/month to read how much my country is failing

I'll just take a walk outside and see for myself

The entire business model hinges on the idea that they're gonna chase down some dude over his $36 debt. It's retarded. There's no way that makes money. At least with credit cards people go tens of thousands of dollars in debt so they're worth chasing down to get them to pay

The entire business model hinges on the idea that they're gonna chase down some dude over his $36 debt. It's retarded.

Its bundled debt they're selling as a company. Thats $36 for a couple burritos at Chipotle and the mental midgets using this service for trivial stuff like lunch dont' just use it once. They're buying shoes and other garbage online with it. Pay $20 today, get $200 shoes today sorta shit. They're average outstanding accounts is like $4000 per user. Yes interest is stacked on top of that at credit card rates, but they can also just sell that debt off and continue as a company. But yes, its a retarded service for retards.

thank the swedish jooz

Except no one will want to buy that debt off, since it's a hyper retarded concept of leasing fucking pizzas and will be the end of that retarded swedetwink company

Millenials

add it to the list

Last 20 years

wars in iraq happen and gen xers protest

economy collapses

obama tells millennials and gen xers he will fix economy, gets elected

puts in place massive immigration and dei policies to totally fuck everyone over, boomers who were supposed to retire in 08 just never do

millennial college students gamble on crypto and shit in hopes of buying cheap drugs

fast forward to 2020, most people saying the economy is better and then everything goes to shit

4 more years of shit under biden oh and dei

millennials now 27-45, no hope no future, jewish media gleeful about how "gen z", usually a picture of an 18yo anchor baby with broccoli hair, is "the future"

subjected to weird articles about millennials who simultaneously love buying houses in the midwest now (and can somehow spontaneously relocate) but also have no money and cannot repay sandwich loans

I thought you had to link a card, debit credit whatever to get approved. so they just charge you until it stops working. then ask you to pay them just wait. then bundle everyone's defaulted debt together and try to sell it

If someone is literally taking out a loan to buy groceries then they are clearly at the bottom of their financial hole, there isn't any clever budgeting or other source of cash to get out of it, obviously these are people that are just going to say "fuck it" when an unsecured creditor they needed for groceries wants payment.
I'm sure that it won't hit anyone for years because this shit never does, but if I ran a collections company these loans would be the last ones I'd buy at any sort of reasonable rate. People using credit cards tend to just be living beyond their means, but they DO have cash flow. People using this service are people who probably will never have any sort of resources to settle with you at any rate.

used by broke niggers

get surprised when broke niggers default on $20 for pizza

kek. I'm sure this will work out well.
whoever invested in this retarded company deserves their financial ass-fucking.

Buddy, you are not aware how financial jew magic works. The other anon explained it sufficiently, but I'm going to chip in too:
Do you REALLY think it's $36 debt and not collective n-thousand or n-million debt that's then sold to a collector at a fraction of the worth when interest builds up?

they just find extremes. it's divide and conquer shit. fucking larry over there has a new corvette but his brother barry used to be a drug addict and now has to use payment plans for food because his got to pay for methadone. they don't get along at family gatherings

"There could be Millennials here!" he thought.

If you have to finance groceries you aren't paying back shit. What kind of amateur jews are these lol?

b-but I only ate 1/3 of the pizza!

predatory loan-like company

rely on people not paying their loans

wtf people arent paying their loans?

financial jew magic assumes that at some point someone actually pays, which isn't going to be the case here no matter how many times the debt changes hands or how high they make the interest, the vast majority of these people will just say "fuck it" and let it slide off the credit report in 7 years.

if you want to head over here to the toilet you can repossess that taco platter

Klarna has no interest

Hungarians are not white.

loans for groceries

This is the most judaic thing I have ever heard.

that $36 is just an attack vector for a motivated parasite. A few quick turns on The Magic Debt Recovery Multiplier, it'll become thousands, and life-long misery.

How does it make money? Flat fees?

didnt we learn how bad "microloans" where when they first started out buying goats for poor niggers in africa?

yep. my parents allowed some employees to rack up debt while said employees were constantly asking for advances and talking about financial issues. shockingly, none of our ex-employees with standing bills are answering calls asking for payment.

i think whites see jews making big money as lenders and think "yeah i can do that too"

if you're paying for pizza on payment plans and then defaulting on it. you already have the worst credit you can get. what are they going to do. if you somehow fluked and own a house they can't take it. before anyone says some smartarse shit. you can still have a home loan and pay it off, same with rates, taxes and be bankrupt and have shit credit

Fuck I will when I’m done laying off my student loan indentured servitude and dominos micro loans

It's like says. Collectors don't just buy any and all debt. They want debt they think they can reasonably collect. The original owner of the debt can only bundle so much shitty debt together before collectors start refusing to buy it. They'll be able to offload some of it by bundling shitty debt together with more promising debt, but it only works to a certain extent.

I think they make you pay a monthly account keeping fee. I use paypal's 4 payments before. I think they might just make money on transactions and if you default and miss payments

No debtor's prison. You're just free to not pay shit and all they can do is qq about their usury credit scheme. Liberal college kids are about to single-handedly destroy kikes forever by defaulting on shit like their credit cards and student loans.
Cash is king.
Thanks, Trump.

I used to think shit like that was wild and unrealistic. Then my dad got a credit card and basically saw it a a free money dispenser because he somehow racks up thousands of dollars on it a month, and only doesn't see the boss because my mom just pays them when he isn't looking basically. We've tried to explain to him that it's not just few money but he just doesn't comprehend it.

garnish a wage

society of contract workers

Good luck!

mischievous millenials

A good lawyer can pretty much just wipe the debt clean.

link account to burner card

have enough for first payment

buy thing

delete app

It’s that ez

how does your mum get money to pay it off? does your dad max it out before it's paid off?

Kek, one more to add to the list.

Except no one will want to buy that debt off

They do every day. Who do you think buys payday loan debt? Who do you think owns debt on Jam"esh'qua's nissan altima debt? Who do you think owns delinquent debt on credit cards for retards lower than 500 credit score?

'bnpl' - buy now, worry about that shit some other day - outfits get a kickback on the spend. Companies, Retailers love em as the typical consumer will have a higher total spend using them. So like credit card cos, they are picking up a few % of every purchase. Most of them aren't regulated as 'credit providers' tho, so their recovery options are limited. Which won't stop them hassling people over it, I guess

Based. Deflation will reign supreme. Total Inflation Death.

Who would have thought that people who need to put fucking groceries on layaway would have a high delinquency rate?

when are they going to put out Millennials Are Killing America: Part Two? how long must I wait

From new zealand

took 80k in student loans

got a phone and laptop on hire purchase

didnt pay my last 6 months of rent, and photo shopped a sent payment several times to put off evicition, and claimed there was some error on the banks end

moved to denmark to study, using student loans to fund it

didnt pay the last 4 months of my rent in denmark

again photoshopped payments

declared bankrupcy in nz while this went on and wiped all the debt

graduated and moved to sweden

will never step foot in dk again with the big debt of rent on my name lmao

waiting out my bankrupcy in nz to run out while working here

will take large loan/hire purchases and cut off my rent then move back home

literally nothing will happen to me, none of these countries share credit systems and the money is so low theyll never chase it

No idea why people pay off debts lmao, just dont fuck with banks or companies like visa etc and theyre all powerless

Don't worry, us Millennials are hard at work destroying everything you love, including America. Give it about 2 more weeks.

Here's the thing.
It wont.
en.m.wikipedia.org/wiki/MoviePass

VCs push some awful companies/startups all on vibes, and then are surprised they blow up, spectacularly.

They'll bring back debtor's prison before they allow the jew to be bankrupted. There's no explicit constitutional amendment banning debtor's prison, only a federal law and some flimsy court rulings on vague sections of the constitution

kek I used to work with this women. her older sister had racked up fuck loads of debt and then left the country and her husband and kids. she moved to greece and married some BGC. she would come back for Christmas and shit with a greek passport with a different name. I don't know how this shit works. she never got caught coming in and out of the country but obviously couldn't come back and live in Australia unless she used her real name

I'm guessing that the thinking was that making interest-free loans to people who have to borrow money to have overpriced goyslop delivered to them is just stupid enough to work.

Based jewish high-score tanker

now's a great time to become a debt collector, especially with everything going on with the student loans. you'd be carrying funko pops out of some faggot's house lmao

This dude gets it. Like a bunch of random people probably maxed out their spending limit with zero intentions of ever paying it and counted it as free food

What if you didn't put your groceries on a payment plan?

Then people will die. I guess it will depend on which side has more firearms, and unwilling to go to prison.

look at us we're good goys paying our jewish overlords in full to get a little treat in virtual points!

kill yourselves immediately

80% of credit card holders have like $6000 of debt regularly carried over every month.

Ooo! That’s me. memememe

The 'lender' in this case collects a portion of the transaction fee from credit card processing so realistically they make pennies just when their service is used. Then after like 4 months they start tacking on big interest on your entire balance.

You won't do shit

don't you have to grow credit to get a credit it card or some bullshit in the US? if that's the case I would imagine zoomers are doing this shit and if they cannot afford it they make their parents pay. it must be fucking impossible to stop your kid just signing up for this shit if you just need a bank account, debit card, whatever

They don't give a shit, it's all an act. The debt on these things are just added to toxic junk bonds and dumped into 401k/pension markets.

180 for me, I got it one credit card about 17 years ago to build some credit history. Pay it off every month and helps out when issues arise with fraudulent transactions.

based

Why though? Just use it like a debit card that gives you rewards for consooming.

That's why klarna got so successful, it's literally a predatory institution with payday loan for kids with debit cards, all the microtransactions for their online games probably are paid "later". Also niggers and women use it to buy newest goyphones every year

You can do it all legally and you dont have to change anything, nothing I did was illegal, I made poor financial decisions which is well within my rights and used services available to deal with it, maybe the danish one is the closest to illegal but I have not received or dealt with any progression of my poor finacial choices because im not present to accept it, at worst, my debt gets sold and lost,

I go back to nz all the time most i have to do is tell my case manager that im visiting, but she cant access any of my overseas accounts so I can tell her what money I have

be me one month ago

find out about klarna

immediately order brand new OLED gaming monitor from samsung

have no intention of ever paying them back

checkmate faggot

Based millenial.

Of course I won't. I don't have any debt, and I DEFINITELY don't have any firearms.

Old people seriously buy that slop? Most of the old people here that can afford it have never even walked into a McDonald's.

You're literally highlighting that it's an obvious loss...

because if everyone was like me then you wouldnt get good rewards anon!

By the way you can go to nz to wipe your aus debts and vice versa, thats how i found the info to do it all, an old forum of kiwis discussing wiping their debts by gojng to aus, they cant access your overseas accounts and will never chase it up unless its worth millions

when you know your time is nigh
you dont give a fuck about fiat peonage

rumble.com/v681rta-dr.-david-martin-the-who-was-founded-by-the-cartel-as-a-criminal-organizati.html

Interest if you don't pay.

it's literally a predatory institution with payday loan for kids with debit cards,

how is any of it predatory? Because the users are terminally stupid? It literally says 4 interest free payments of $28.37 when you buy that shiny piece of garbage. There nothing predatory about that. If the users have zero impulse control and suddenly their monthly payments are at $4000 per month, what does that have to do with morons getting themselves too far into debt?

Its like saying beer shouldn't be sold in 30 packs because I lose self control after 6 beers and try to drink it all before I throw up. The brewer isn't predatory, I just did something dumb!

The picture quality is amazing

That would only for collateral on indian loans

You're literally highlighting that it's an obvious loss...

I don't think you're even coming close to understanding the (((financial wizardry))) that gets done. Ever wonder how intentionally crashing a company or brand pays out for a specific few? This is the same thing except the entire business model is seeing how fast consumers can drive off a cliff while betting on it.

such is life in a jewish society

good goy

I just wanted to eat without skipping a day in between or get by with only 500 calories. My stomach hurts. I'm so sorry.

it works in scandi countries because the collection agency is operated by the government and they have about the same legal rights as the military. i hear in usa people actually have rights so this wont work

His mom pays with her credit card

defending usury in any form

Big Heeb vibes with this one. Perhaps a Stein or Berg?

Checked.

defending theft and degeneracy

Big Altima energy from this one. Perhaps a Wwashington, or Brown?

Thankfully I'm a racist anti Capitalist so I've never used these Jewish debt rackets.

wages

im surprised the penalty is so small there. here they can just send a reminder and it magically resets their right to keep collecting and having a mark on your records making it harder to find a home

how is any of it predatory? Because the users are terminally stupid?

Yes. That's what predatory means. Preying on the weak and vulnerable.

this is just anecdotal but i briefly had a window into this when i had a black roommate during covid. (we are still friends btw)

the way he'd get money when he needed it was simply finding another credit card company or online banking app or klarna-type company, opening an account, maxing out the credit, getting the money to buy whatever he wanted (this is how he bought a TV for an apartment, along with expensive t-shirts and shoes) and then forgetting about it.

in the 2-3 months we lived together i saw him do this 3-4 times and the only other reference he made to it was how annoying it was that these companies kept sending him emails, texts, etc threatening to take him to collections.

to me, it was a lot like listening to him talk about driving around smoking weed, without a license or insurance, while on parole, as a felon, with an unregistered firearm on him. to me, that would be a terrifying situation to be in- i would be thinking about how i would go to jail for years if i got pulled over. but for him, it was an average tuesday.

it's interesting how different people's lives are

You're just not going to see any of those shekels. I know, I know it's just not fair. Sorry, they just don't want pay, and I don't think they ever will.

consumers

Add it to the list

food banks and free meals at churches/homeless shelters, my dude

you can eat for free in america. it's a bit more challenging in rural areas but still 100% possible.

(i understand the point you're making though, and agree with it. our system is brutal and inhumane and must be changed- the average billionaire probably made $100k in interest in the 10 minutes we were reading this thread)

Oh no

And we'll do it again!

Yeah, people who rack up debt are stupid, but I have no sympathy for these jew payday loan companies getting parasitised into oblivion. Should have made a better economy.

man i wish i was american. here everyone has the same recovery rights. be it a private individual or a company the government collections agency will even rip your clothes off you if they feel like it and in addition to being entitled to help from cops the collectors themselves are allowed to use violence against you to collect

in the most literal terms, this type of loan would have been legally classified as predatory or usurious just a few decades ago. same thing with payday loans and other high-interest rate loans offered to low-income people. these type of financial arrangements were literally illegal up until de-regulation happened in state governments.

the history of how this changed is really fascinating and actually joe biden's home state of delaware played a big role in it. what had happened was, Wall Street sent a bunch of lobbyists to different state governments, (delaware first, and then the dakotas or wyoming iirc) handed them legislation they wrote removing all restrictions on interest rates and terms, and the state legislators passed it (many of whom took pitifully small bribes to do so).

this allowed the payday loan industry to arise, and klarna is an outgrowth of that.

tldr to answer your question, for most of the time the United States has been a nation, the people running Klarna and other payday loan scams would have been classified as criminals and thrown in jail as loan sharks providing predatory, unfair financial instruments to desparate people with no other options

niggers pay back loan

lmao, sorry to break it to you guys but...yea...
well...

well, that's part of it. in financial or contract law terms i think 'predatory' also implies an unfairness or element of dishonesty, unevenness or fraud.

making it harder to find a home

nigger i couldnt care less.
i am more educated than 90% of the country and i cant even find a job, let alone a home.
see if i give a fuck about some magical jew rating

What wages? I'm a contract worker. No business has me on payroll. I am my own business. Do you think I am going to garnish my own wages? Lololol get fucked.

shouldnt have klarna for blacks and mexicans, im sorry.
you bring them in, you pay the bill. suddenly when giant corpos have to foot the useless eaters bill its a big thing, yea yea.

when its just me paying it there no article ever about it, because im just a slave. thats nice. i love this society, its all so awesome.
the people love it, theyre all so happy.

just bring in more niggers.

sounds made up unless from some ancient good times. credit checks are fully automatic now and instantly reject if you even have a late bill payment on record

bring in more niggers, let them sit on every corner in our shitholes and give them whatever they want until were all dead.

well the government pays for it so its not a problem in that way. you just need to find someone that rents without credit check

why there are still niggers in africa why dont you bring them all here? then bring all of india here too!

Yeah dude, but you are from Tanzania or something like that

boomers who were supposed to retire in 08 just never do

To be fair this isn't just an economic thing.

Boomer retires

Gets bored

Goes back to work

Boomer friend retires

Gets bored

Goes back to work with bullshit job, so he can hang around his riedns while costing the company money

Boomers talk about how younger people don't work hard enough and how boomers want to retire

Never train apprentices or new graduates without 5+ years experience

Boomers are a blight even with retirement. I get the economy is a mess, but these people have no future but bloat companies and take up space because they reach their twilight years and have no actual plans to live their lives outside of office work and consumerism.
A bunch of them won't even leave money for their kids, will probably sell their house too lmao.

based

my parents 72 and 74 still working because theyre broke. then giving all the jobs to women and bring in 100 million nogs.

this is all completely insane. i hope all of you check out of this shit and let it crumble so the insane people starve to death because no one is killing them. we have to get of them somehow.

buy now pay never

merchant fees for using them.

damn that's crazy.

this is hilarious
who would have thought that people that have to loan money to buy food can't pay it back
are those "people" really this dumb?

to me, it was a lot like listening to him talk about driving around smoking weed, without a license or insurance, while on parole, as a felon, with an unregistered firearm on him. to me, that would be a terrifying situation to be in- i would be thinking about how i would go to jail for years if i got pulled over. but for him, it was an average tuesday.

what kind of good goy are you to see not paying debt the same as this?

the American system does do good for retired people. most the world really doesn't go well for a retired person. you would have to move to a country with better exchange rate and poorer people to function as a retiree.

In America retirement is just death. it's a giant scam really, you retire and that mean one thing. you won't have enough money, and you will have to go back to work, if your lucky you can return to your previous job, but all tour grandfathered shit like vacation days etc are gone. The standard is you start working at Walmart.

my parents 72 and 74 still working because theyre broke

They had almost 50 years of work, at the most prosperous time in human history. Not really seeing how this is anything other than self inflicted, atleast Americans can use the medical expenses excuse.

My own boomer parents have no house to leave me as they got divorced and sold it to split the money, then couldn't afford a new house on a single income and ended up renting. My first childhood home went froma pretty big house, to a shitty council estate, and since then house prices only increased while the town itself got fucking worse. I don't even see the point getting a house there anymore, I can't afford one where I currently am, but atleast there are jobs here. There I would be buying a house in a crumbling town, just to commute over an hour each way away from it. It's also got way more immigrants over the last 3 or so years (really ramped up after covid), despite the fact there is nothing there and it just continutes to decay.

nothing wrong with interest-free loans if you actually have the money to pay it in full in the first place AND have savings on top of that. You're essentially getting free time cost opportunity with the difference.

I got taken to collections once for a gpu I bought as a retarded college kid using one of these credit companies. Cost like $150 bucks or something and the scammy loan company had insane interest rates hidden in the fine print, so by the time I left school I owed like $600 and was like fuck that I’m not paying.

Long story short the collections agency just wanted like $120 from me some 3 or 4 years later, so I ended up getting a discount (and jacked up credit rating I’m sure). I dont know how you could keep doing this repeatedly because these people would eventually catch on and to sign up for new credit cards they run some sort of credit checks

lol this, the internet was "afraid" of the idea behind taking out a loan for meals but I was just laughing at the absurdity

damn nigga I got this meal for like a third of the price nigga, says I gotta pay later but that's for my future self to worry about

>Goes back to work with bullshit job, so he can hang around his riedns while costing the company money

Unironically I know two boomers who 'work' for free, jobs that normally would be paid chauffeuring are now entirely volunteering and free of charge. Because they were bored.

Imagine lying on Anon Babble about your made up nigger friends. You have to be 18 to post here.

boomers unironically don't realize no one is able to find long term work anymore

All my lol.

You still have to pay yourself a salary dip shit. You can expense out everything from your business and being paid under the table isn't contract work.

the vendor pays klarna usage fees, the buyer usually spends a lot more than they would have because they don't have money, every wins. that is until people stop paying and klarna starts bleeding cash

tons of people work shit like uber now and you cant garnish wages from that because its contract work

lolololololol

That's a prayer at this point. Not a comment.

kekekekekekekek

hey I gotta great idea, lets loan food to a buncha starving poor people, I'm sure they'll pay us back

loan sharks providing predatory, unfair financial instruments to desparate people with no other options

How is it unfair to make loans too easy to obtain? The option is don't take out the loan for $16 of Chipotle in the first place.

i also have a girlfriend in another state who i met at summer camp. i made it to second base with her (heavy petting) after the end-of-camp dance, under the bleachers.

payday loans now offered on doordash btw. our economy is stronger than it's ever been

You fucking niggers I used klarna for tons of products, often sometimes 300 euros a month and always paid it back. Before the losses they had a 2 year plan in my region, I wanted to buy a h2d and you degenerates fucked that up for me

how do payday shitholes even make money when the majority of people just wont pay it back?

Millennials

New term
Add it to the list

the predation isn't in the offering of the loan, it's in the terms of the loan and the screening process prior to the loan (and the externalities which led to the necessity of the loan in the first place, ie. large corporations like wal mart privatizing profits and offloading costs onto the welfare state)

if they were low-interest loans offered to qualified recipients (as mandated for the vast majority of human history including in ancient holy books and governance documents across all cultures for the last 2000+ years) then there would be no issue

but these are high-interest loans deliberately targeting poor people who have no ability to pay, as a result of our rigged economy's record inequality where a full-time job is no longer enough to pay for a house or even a single bedroom apartment while CEOs routinely make 100x-1000x what their employees make

cuck

first, i think a lot of people pay it back, and second, debt has become securitized (think of the private mortgage CDOs that led to the 2008 economic crisis) and is tradeable on the financial markets

so you can buy these collateralized debt obligations on the market, and oftentimes they are turned into further financial instruments (ie, smooshed together, cut into tranches, and sliced-and-smooshed by banks like Goldman Sachs and JPM several more times, being sold and bought each step of the way)

shit like this is why the annual turnover of the derivatives market is measured in the quadrillions. it's also why klarna is allowed to exist, because every time it lends money it increases the money supply and that can be re-hypothecated and collateralized and securitized and bought and sold. i bet every $1 lent on Klarna is turned into at least $100 in financial instruments somehow.

I fuck over gov and involuntary things, I dont fuck with voluntary things, it fucks with your karma. Have fun being enslaved by the debtors one way or another.

boo fucking hoo nigger
cry me a river
my new OLED screen, sponsored by Klarna, is amazing!

You know, technically, with inflation, you save a little bit of money if you "pay later' with Klarna. The merchants already absorb the cost of the service for everyone and MAY increase prices slightly for everyone because of it (not necessarily, their sales increase due to the service and maybe that's enough to make up for it). So, no reason not to use it. If you just delay payment by a month it's probably not much. But if they have plans where you can delay by like a year, you're saving a bit of money.

defends debt kikes

new lows hit on Anon Babble

if they were low-interest loans offered to qualified recipients then there would be no issue

Is 0% interest for 12 months really not low interest enough for you? Thats the standard klarna, affirm, and every "get shit today, pay later" company. I think the smallest loan terms I saw was 4 months 0% interest on shit like $20 for a god damn pizza. Then when the moron using such service inevitably doesn't pay, then it jumps to 22% (credit cards are still at 30%) because you can't afford to pay for a single pizza over 4 months.

How much lower do you want lenders to go when all they're doing is making money off retards with no self control?

interest is such a weird concept. having a hard time financially? well heres some extra debt burden to make sure you never recover. its the same with governments too even though they are always guaranteed payers they always get their rates shuffled around by "credit raters" and other kikery

If your business model requires a high trust society you should cash out asap

I'm so retarded for not seeing this incredible short opportunity thank you OP

It gets a cut from the seller's margin. If you fail to pay on time they'll charge some exorbitant interests, the obvious problem with the kike scheme is that if someone gets to a point that is so bad that they can't pay them back he's not going to be able to pay the interests either.

They are the same as every other 'financial service co' in this
smoke n mirrors economy. They collect their retailer kickbacks and initial loan repayment rates looks good. Investors jump on board to throw more cash at them to lend to more idiots. Discernment goes out the window, niggers are jumping on board for the free ride and this fine service is now being mis(used) for bullshit like ordering pizza, probably by stoners who will never remember ordering, nevermind punctually repaying their 3 installment Big Slice Loan. Defaults mount, checks stop arriving in the post and Greater Idiots who'll buy this shit mountain of hopeless debt default accounts become rarer and bid less. It's all more or less a Ponzi scheme by this stage.

banks still have the same business model as always but instead of paying interest for deposits they now collect service fees instead

giving loans for $100 to people who can't repay their $1000 loan

Kikes kiked themselves on this one

I disagree with paying money to gov and that karmically gives you justifiable reason to fuck with gov because you dont give them your permission. You can do the worst. Be the worst nigger around them, leech all the wellfare, never declare wealth, work without giving them a cent. That is moral with karmic law.

But any opt in, self choice matter like this is gonna be punishment for you yourself lol. Karmically speaking that is. You can avoid it, you do not depend on it. So the gods will frown at you.

There aren't service fees on klarna though. Theres only interest if you don't pay it off in time.

Inlfationary, debt-addicted consoomer trash like you are a cancer on society. I pray for a recession every day to purge scum like you from the economy. The Day of Deflation can't come soon enough.

File bankruptcy the moment they garnish

Schedule if way out

Cancel

Reply to every creditor to settle for $5 total

Not. Getting. Your. Money. Back.

do retards seriously buy now pay later grocery???

the gods will frown at you.

The Gods smile upon me.

They say you're making this shit up but from my experience with black roommates you're extremely accurate.

the trick is to live off neetbux if you do it. sure they can send it to the government collections goons and if they send a guy we can have a violent fight but in the end they can't get anything and the law says you have to be left with a certain amount which happens to cover the neetbux

kek

no such thing here. only for companies not individuals. if they somehow forgot to remind you it might expire in 30 years

i know a guy who had a decent job, really good credit rating and stuff. He took out loans from basically everything everywhere on one day, racked up every credit card, maxed everything out, had all his stuff lined up to be sold
idk how much he made but he escaped to thailand with probably a few million
declared bankruptcy, came back with no money, but someone was "letting him live" in a new very nice house and use a new very nice truck and he hasn't worked in ages
we're still friends because im the one person who never asked him for money. i ain't going to mooch a cent off of anyone, fuck that.

based anti semite

true neither of us like the jews

What are they gonna do? Repo the food?

A massive modern scam spanning multiple countries. My grandparents owned a large ranch with animals and a pond in wine country California, they later divorced and sold the ranch for average suburban homes with HOAs. One grandparent already sold their home to support their elderly care expenses and I'm certain the other one will follow suite as well.

How do people become such fags? I don't even say this as someone that's destitute and complaining, I have money and intend to pass much of it and the land I own to my family. I just cannot comprehend the selfishness of these people before us.

but THEY earned it!!1! They can do what THEY want!!1!1

A society grows shitty when men cut down trees who's shade they shall never sit.

patiently wait for the chance that you get a job so they can take a cut of your wages. here its all automated too so no one has to put in effort to find where you work like there

good

don't forget:

fire 400K employees over Ai, only to reverse course and hire them back as uber style contractors

its easy to say young but i do wonder how many actually go through with this stuff. you might want elderly care too some day and over the years the youth optimism fades and you start seeing the world as the evil greedy shitheap it is

early round vcs already made their money, hopefully the founders exited while they were ahead

what kind of person willingly works for these companies to fight niggers every day

Arby's is what roasties have in their pants. Real men eat the new Wendy's ® $3 Son of Baconator

probably the best nation in the world when it comes to debtor rights

This. Anybody lending money to people so they can buy FOOD knows damn well they're not getting that money back.

its crazy considering how anti business people are. one would expect usa to be the most brutal in this since freedoms and capitalist paradise and all but nope

I eat two or three bathtubs full of my own shit a day to make the Millennials really really angry. It represents their irresponsibility with finance

giving shitskin invaders access to credit

lmao, what did they think was going to happen

it is a perplexing situation, the only time you can go to jail for debt is child support, which is by and large what our county prisons are occupied with. It also has to do with the legacy of leaving the crown, very large part of the discussions at hand were contract lengths, debts etc. Also remember, we fought a staunch war internally and political to be agrarian and not a financial country, I bet its more of the protections baked in from that era

Never heard of this. I often have food insecurity but I just make due with what I can. I assume it's something primarily used by brown people.

so if they're going under then why not everyone join in and max out and not pay anything since they're going bankrupt anyway

sounds dumb to make this news

nice. im surprised theres no automatic system there to track stuff so they can easily garnish wages. here they got databases for pretty much everything so if you ever work legally the collectors will instantly be notified and taxes are automatic too for the average guy thanks to the same databases

the grocery part is OP being a faggot per usual, its likely more tech gadget and trinkets from no self control online shopping. Enthusiast PCs, Tvs etc etc

you're too white for the modern world. you are supposed to take advantage of any loopholes for personal benefit nowdays

thats assuming the credit giver was honest and didn't just intend to take the commissions and run

i racked up 40k in debt/intrest on items worth around 20k, defaulted then settled with creditors for less than 10k and have a perfect credit score since the defaults expired and can do it all again

make due

this is why you are poor, nobody wants to hire a retarded anime enthusiast

ok now were getting interesting per USA. You can not go to jail for owing taxes, but you can go to jail for not filing taxes. States little different. But if you owe the IRS, they'll just take your w-2 wage, garnish a tax refund, or something similar. Only a court could compel that for say other lenders and then it depends on Chapter 11 or 13. Which is an entirely different convo because that doesn't indicate you are bad with money either (technically). But I do think USA has it right, a few thousand you can just not pay a card and they probably wont even sue you for the garnishment. But you pay it all back with a low credit score giving you shit interest rates

Nobody wants to and yet does anyway. Curious thing, that.

ok so UK similar to USA? here after 7 years a missed payment is removed from records, for the most part I believe. Do any nations in the west still jail for debt?

be american

finance burger

can't pay

get shot

Greatest country!

It's true. I could probably collect all kinds of benefits if I wanted to. I could pretend to have debilitating autism and never work again in my life. But if I ever have children I don't want that to be their example.

I maxxed out my credit cards and got financed for the newest Samsung Galaxy then stopped paying on all of them but still kept the stuff I bought and the phone.

I'm 'Disabled' and get NEETbux so they can't garnish it. I do this every 7 years and it'll be my 3rd time now.

all these guys sayimg youre making this up

you americans have it good. here the government collections would come and take the stuff back and the reset takes 30 years instead of 7

hes also a nigger and wont ever pass generation wealth. Additionally, white people pay higher then deserved interest rates for mortgages and credit cards to pay for his behavior

WHATS WRONG WIT PAYING INTREST ON FOOD? HOW ELSE MY CHILLUN SUPPOSED TO EAT?

Aren't the kind of people who'd even use Klarna the kind to not repay them?

I don’t know anyone who uses Klarna. I pay cash for everything or I don’t buy it.

a lot of whites also wont be able to afford to pass down anything. few lucky ones get some bullshit job at google or microsoft but most work hard to make just enough

You are too white to be a father.

it's so cold in the D

youtube.com/watch?v=aktLRiWXfqg

UK is broadly similar, it's not worthwhile being too restrictive. Trumps been bankrupt 4 times and some of his individual business managed that on their own, Trump Taj Mahal casino went titsup multiple times. Didn't do him any harm. I was surprised to hear how restrictive Finland was/is. It's all only confetti, EOD and lets be honest - there is no longer much/any incentive to maintain a good goy score for the majority of punters nowadays. The game was rigged from the start, may as well BNPN @ 30-40% while you can get it, before AI gets REALLY good at potential deadbeat sniffing.

Kek

give payday loans cry when people won't pay

garnishing wages on 36 dollars of pizza

Should had studied violin when you were 4. Stupid cracker. This is why Indians are taking your jobs away. We're just better. Enjoy your debt wh*toids. You should be smart like Musk instead of posting on Anon Babble.

Almost like young people are waking up to the reality that they aren't going to own a house or have the standard of living that their parents had so are just throwing up their hands, saying fuck it, and going out with a bang. Kind of like a guy that has cancer applies for a few credit cards and goes out with a bang.

Not paying debts is nigger behavior.
But I do understand your sentiment. Nigger.

Trump engineered a 900M loss that got him out of income taxes. Like I said, there are some smarter then all of us

i am specifically going to enter the market of loans to extremely impoverished people

fuck why are the people i was targeting so poor, how am i supposed to make money like this

Back in the day this is what loansharks were for, and they would have big men who would come beat you for failing to pay up

You are a literal mutt

That's what I used to think too until I started fucking a Cambodian chick and talking to her sisters and friends.

I don't use Klarna.

Then people will die. I guess it will depend on which side has more firearms, and unwilling to go to prison.

This. I’m not going to prison because shekelberg thinks I owe him money. Lots of people would die first.

Which careers do you suggest? I'm currently unemployed and places won't hire me because I'm finishing a graduate degree in finance. Most people tell me finance jobs are suddenly dead, so are tech jobs. Procurement? Is that a thing? How do I work for Boeing as a procurement guy?

Predatory lending is making loans to borrowers without demonstrated ability to repay. If someone is borrowing money to pay for food they have no ability to repay the loan.
Then there is the principle of not financing a depreciating asset. What's the resale value on used food ? Are they going to repo turds ?

This is a company that should have never been allowed to make these loans and should be put out of business. A judge should discharge all those debts.

15 years of pure faggotry. It's all so tiresome.

first, ive been there, and i lost everything in covid but now make 3x then before lockdowns. First, I suggest healthcare and finance combos. Off hand I'm thinking, can you help find fraud, maybe compliance? CPA is always good start too. I would 100% get involved in two things if I could go back with my fitness and business background.
Healthcare, accounting
I would bet there is a need for analysts etc. My mind just went to healthcare bc of the age of the country. But you got a great degree, would even be worth the debt of a masters

Like you, I’d never be able to do that. The worry would drive my crazy.

1099 sales would boost negotiation skills or a min wage plus commission job. Take a job that doesn't want to pay you anything until you proved yourself, your earnin potential will be much higher

Why are there still politicians breathing in Germany? What’s wrong with you people?

Give nogs loan program

They default

System crashes

Okay, now that we learned a lesson from the subprime mortgage crisis lets see how Klarna is doi- OH COME ON

Who the fuck finances anything other than a house or a business? Absolute retardation.

Someone getting BTFO on credit card debt isn't going to even look at a corpo apartment complex, the worst of those start at $1200+/mo for a studio/efficiency. And that's in nojobz shitholes and ghettos. In nice areas you'll pay double the price or more for the same thing.
Someone with shitty credit rents from mom and pop renters and old motels, or they're couch surfers/subletters.

Neither will you, hence the impass.

This takes me back to the glory days of dotcom when the average investor round might as well have a had a box you could tick for "business model = emperor's new clothes". Just terrible, terrible ideas that were never going to work and people white knuckling the belief they were actually viable.

Who knew people that have to borrow money to pay for plastic Chinese tat and pizzas might not actually be good for it if the economy turns?

Although I fucked up, I'm fucking the moron that thought you actually had to be able to make a profit within three years and bailed on all kinds of stuff that made people incredibly wealthy and nearly 30 years later is still loss making. I didn't understand the game and thats on me.