Gatekeeping basic necessities behind paywalls is economic violence.
Could I get a loan to help me pay a klarna instalment?
How deeply can we dig this hole?
you are not gonna believe what the banks did in 2008
I knew a guy in college that kept getting new credit cards to pay off other credit cards he had maxed out. I wonder what his credit looks like now.
that’s me, been trapped in that cycle since I had to pay several months’ rent with credit card during covid
aside from some dings due to high credit usage, my score is good. mainly because i have a shit load of cards i opened years ago, so my average account age is high.
I’m not a particularly responsible spender and have a shit ton of debt, but since I make the CC companies a bunch of money by paying balance transfer fees all the time, I’m profitable. So my score is high.
What a stupid world
I need to Klarna my Afterpay payment that I will then Klarna that payment in which I will Afterpay that one… all the way down
Buying groceries in installments is already bad enough, but if you are very good at lying to yourself and very bad at the detecting your own lies, you may be able to convince yourself that you are not going to need to buy groceries for the next four months.
But even this twisted kind of logic does not apply to rent.
Why do I keep getting surprised every time a new height of dumbness gets launched?
It’s not about dumb clients, everyone knows they have to spy groceries and rent, but being between literally being unable to buy groceries and having groceries and debt, many will choose the latter. It’s predatory
coming soon: Americans are fucking drowning in debt
neofeudalism here we come!
Where is Luigi when you need him?
Man i love credit V2… If anyone is looking for me I’ll be out in the forest pretending to be a slug or something.
Klarna is really pissing me off. I got a refund from a place, and they put that money into some kind of Klarna Wallet or whatever, by default, instead of in my bank account where the money originally came from.
So I go to their stupid site, and select the option to refund to my bank account, and they are warning me this will take up to 7 days! For no other reason than they wanting my money in their account so im tied to their service.
Stay the hell away from Klarna. Im doing that from now on.
Stay the hell away from Klarna
Definitely! Klarna is one of the few parties that won’t cooporate when a Dutch citizen gets government mandated debt settlement. All other debt agencies settle and freeze interests as the state takes control of the debtee’s finances but Klarna just stacks interests like there’s no tomorrow.
The idea behind the scheme is to have the debtee get their personal affairs in order, while an agency (ngo-like) takes care and control of all finances. You get like 50 eur to spend each week but this is also for groceries and all other savings are either used to settle debts, pay rent and other subscriptions and most subscriptions are cancelled with contracts being voided left and right.
It’s a very invasive, but very effective program. Klarna is, as a for-proft debt agency, not having any of it.
it’s insane that they don’t because sweden has basically the exact same program.
wtf, how is that legal? if someone is obligated to pay you some refund, how can they send it to some other private business instead?
I assume because they received the payment through the private business, not directly from their bank.
all you had to do was reach second sentence of their comment and you wouldn’t have to assume.
Yes, you are right. The private business they gave the money to bought it for them.
they put that money into some kind of Klarna Wallet or whatever, by default, instead of in my bank account where the money originally came from.
Yes. That’s how things like that work. Similar to things like the playstore, or app store and such. Apple/Google/Klarna pays for the product, you pay Apple/Google/Klarna back for the product via whatever means, Mastercard, Visa etc that you attach to their store. If they don’t receive the money from you, your account goes into bad standing with Apple/Google/Klarna, not with whoever they bought the product from, because they received their payment. So if you put a stop on the payment from your bank, it will also put your account in bad standing as owing money for a product you “already received”. It’s a shit way to do things, having a middle person, but to avoid such… don’t buy things through a middleman.
Want say “Paramount plus”, buy it from Paramount, not using another service who takes it out of your bank because you gave them permissions to upon using their service.
Thousands of people run into issues because of things like this daily.
Oh, by the way it’s not coming soon, I could do it right now on the portal I pay my rent on. It’s through Flex.
When it comes to making a purchase of like $500 - $1000, I use affirm. My credit score is 715, and I get a rate of 16% APR. My credit cards won’t give me a lower rate than 30%. I only make 1 purchase like this per year. In 2024 I used it to by an electric bike. In 2025 I used it to purchase all the parts I needed to build a new PC. When I do this, I usually have about half of the money for the thing I’m buying already saved.
The fact like services like this are now doing rental payments is absolutely a direct result of the late stage capitalism hellscape caused by ballooning housing prices and stagnant wages. The fact that housing has been turned into a commodity to make rich people richer is disgusting.
All that aside, these services can be a much better alternative to a credit card when used responsibly and you plan well with your budget.
Payday loans making a come back.
“Can’t pay rent? Don’t worry we have an even more humiliating solution for you!”
Can’t pay your monthly rent? We can pay it for you with a monthly payment schedule.
they will make you poor to get rich, and they will get rich from your poorness.
Richest nation in the world.
Does include national debt?
