DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option
in Case You Need a Loan to Pay for Your Burrito Jordan Valinsky / CNN : DoorDash will soon let users eat now and pay in installments Niket Nishant / Reuters : NYSE-bound Klarna signs payments deal with DoorDash MarkAntonio Wright / National Review : Don't Finance Your Burrito Bowl Nathan Bomey / Axios : Buy now, pay later for ... your burger Wolfgang Ramsay / Not the Bee : NOT SATIRE: DoorDash is teaming up with Klarna so that you can finance your food delivery orders The Paypers : Klarna teams up with DoorDash to scale payment flexibility for US customers Fox Business : DoorDash partners with pay later service Klarna to offer US customers flexible financing Bluesky: Mike / @chicagomike : Nice, l now I can afford the top shelf liquor to drown my sorrows due to taking out repayment plans for $35 meals. Britt / @britttoday : One major recession coming right up! [embedded post] @alajon : burrito limos on layaway is crazy Dare Obasanjo / @carnage4life : If you need to 4 more monthly payments to pay for a burrito meal delivery then maybe you need to learn how to cook. Kaz Weida / @kazweida : Americans needing credit and payment plans to afford their Door Dash orders is some end-stage capitalist bullshit for sure. — about.doordash.com/en-us/news/ d... X: Dave Ramsey / @daveramsey : [image] Frank Luntz / @frankluntz : People need to take out payday loans to order DoorDash? Douglas A. Boneparth / @dougboneparth : Eat now, pay later is an awful trap. If you need to borrow to have a burrito delivered to you, you are the product. Nothing more. These companies aren't helping people. In fact, they are taking advantage of them. Armand Domalewski / @armanddoma : this just really feels like it ought to be illegal @jphilllllll : *now featuring a payment plan [image] Harry Khanna / @hkhanna : Excited to announce that I have closed on the purchase of a $24.95 personal pan pizza and wings combo from Pizza Hut! Grateful for all the hard work put in by my advisors at JP Morgan Chase to finance the transaction and Sullivan & Cromwell LLP as trusted legal counsel. Roon / @tszzl : ubiquitous unified food delivery is a pretty astounding increase in material living standards that people take for granted. it was made possible by advancements both in technology and consumer finance Sophie / @netcapgirl : “you have the bankers working late night, the tech employees... sure the AAA stuff should hold up. but do you have any idea how many burrito taxis have been securitized? how many fast food deliveries are in those CDOS? once the BBBs start defaulting, this all comes crashing down” [image] Mason / @webdevmason : “Burrito taxi payday loan” is great material but seriously how can this possibly work? This has to be narrowly targeting the worst demographic on the planet to lend money to @tracewoodgrains : one-sentence dystopia Zac Mabry / @zacmabry : Your outie financed a cheesy gordita crunch. [image] Charles Fain Lehman / @charlesflehman : I think the real third rail is that nobody wants to talk about whether and how much corporations should be allowed to take advantage of very stupid people. Dip Wheeler / @dipwheeler : “you financed a $12.78 steak bowl from chipotle?” [image] @moreperfectus : DoorDash and Klarna have signed a deal where customers can choose to pay for food deliveries in interest-free installments or deferred options aligned with payday schedules. Charles C. W. Cooke / @charlescwcooke : If you need a loan to get your food delivered by taxi, don't get your food delivered by taxi. Joe Pompliano / @joepompliano : Paying off your Chipotle order in four monthly installments is peak degeneracy @parikpatelcfa : If you need to make interest free installments on your DoorDash order you should not be ordering DoorDash Collin Rugg / @collinrugg : NEW: Doordash users will be able to take out a loan to pay for lunch after the company struck a deal with Klarna. Customers will be able to split a payment into 4 interest-free installments or defer payments to a more convenient date. Taking out a loan to buy lunch may be the [video] Noah Lenz / @itsnoahlenz : In America, you need to take out a loan to order a burrito [image] @bigtucsondad : Putting dinner on layaway is surely a sign that things are going well right now right Chuck Ross / @chuckrossdc : the one sane DoorDash executive listening to this pitch https://x.com/... [image] Tom C / @thangdcao : I can't imagine people now have to borrow money to pay for their lunch. What kind of people would have borrowed money to spend for their lunch? @abike1999 : People would rather klarna their DoorDash than make themselves a bowl of rice and chicken omg @nathanstanz : If you guess when they go bankrupt you could get so much free food Gray Roberts / @gray_roberts : Everyone is dunking on this but 4 payments instead of 6 for this pizza shows that higher for longer is working. [image] @beardo : I'm not saying the economy is completely collapsing but when services like DoorDash are letting you finance your cheeseburger delivery, that can't be good. @stevebugge : So tomorrow I'll be launching a 3x leveraged fund trading these collateralized pizza obligations, it will trade under the symbol C3PO Dominic Decoco / @dominicdeecoco : DoorDash and Klarna are blazing trails and proudly answering the question of how one can monetize depression without needing FDA approval @byusome : DoorDash is a financially bad decision 95% of the time. Financing DoorDash is a financially bad decision 100% of the time. @centipedemouse : Doordash x Klarna should use AI to create a “sexy mommy” avatar who orders food for you and keeps track of your payments for you. There should also be an associated augmented reality game in which you must collect coins for her, or else she becomes hateful and ugly and then dies Sam Ro / @samro : This is a good idea because only rich people can afford DoorDash. Now, rich people can earn some yield on cash as they wait to make the interest free payments, effectively lowering the cost of their burrito. Josh Hendrickson / @rebeleconprof : “What?! There's an entire tranche of DoorDash debt? You can't be serious.” [image] @rummatumtums : People think it's dumb to finance Doordash, but in this economy you'd be a fool not to Inverse Cramer / @cramertracker : Can someone help me get out of debt? Monthly expenses Netflix $20 Groceries $400 DoorDash $13,000 (27% APY) Rent $1,500 Mark Delaney / @markbdelaney : It's the year 2034. It's Friday night. Your burrito arrives via drone, still warm. You nod and whisper “thank you” to the delivery bot before it scurries off into the fog. Moments later, your wrist chip buzzes—first of six interest-free payments processed. You lean back. Life is @rootofgoodblog : Financial innovation we've been desperately needing for a while. Pay for that $20 boba tea over the course of the next 4 months bc you're too poor to pay for it today. @snowxmann : [image] Carl / @historyboomer : If you're financing your DoorDash deliveries, you aren't living paycheck to paycheck, you're just a moron. Nick / @nick_mwis1 : Burrito-backed securities Noé / @kunty_virgo : DoorDash is not just for McDonald's and wingstop. You can buy groceries and household supplies, imagine needing to feed your family but you don't get paid till Friday.... Yall just love to talk shit @investmentkage : “You mean to tell me you have 30K in DoorDash debt? Let me ask you something, have you ever heard of a homemade sandwich?” [image] Soren Iverson / @soren_iverson : DoorDash add people to order more food [image] Patrick / @thepatinator7 : In America, food is so expensive you must finance your DoorDash deliveries or else you will starve to death [image] @boringbiz_ : “so you financed a $5.29 McChicken on DoorDash but still remain bullish on the economy?” [image] @klendathucap : “When you owe DoorDash a thousand hamburgers you have a problem. When you owe DoorDash a million hamburgers they have a problem.” @lifeinvestmoney : Dave Ramsey after calling in to discuss my $32,862 owed to DoorDash [image] Brendan Duke / @brendan_duke : They start dismantling the Consumer Financial Protection Bureau and then DoorDash becomes a payday lender a month later. @primediscussion : Klarna and DoorDash should not even know each other exist. That's a collab fresh from the gates of hell. @maysunmargiela : Dave Ramsey after talking to the 17th person with $150k doordash debt [image] G. Scott Shand / @gscottshand : I didn't know Wimpy was an executive at Doordash. [image] @highyieldharry : Me and the boys after declaring bankruptcy on $15,000 of DoorDash debt [video] Zack Voell / @zackvoell : the year is 2038 and you owe $50,000 of burrito debt to doordash but you can pay it all off by living in mr beasts minivan for 80 days Max Gagliardi / @max_gagliardi : So then they securitized all the DoorDash loans and sliced them into tranches to sell off to the banks Rating agencies were slapping AAA on Chick-fil-A orders for credit scores under 500 who didn't leave a tip [image] Gringo Starr / @jakeduarte43 : If you need a payment plan to use DoorDash you might wanna get off your lazy ass and just go pick up your goddamn food yourself. :) [image] @parikpatelcfa : “So we take these DoorDash loans, combine them, and create a whole new instrument where investors can bet on whether borrowers will pay off their Taco Bell Crunch Wrap Supreme within 12 months” [image] @ing2firebrand : DoorDash: pay for your burrito in installments Taco Bell: pay for your burrito on the back end @crankyfed : If you are financing your DoorDash, you should not be allowed to vote Adam Singer / @adamsinger : John, the name of the company is DoorDash. Through a partnership with Klarna, they've just unlocked interest-free structured liquidity for high-frequency sustenance transactions. You can finance a carne asada burrito over 4 easy payments, or even defer the charge until payday. [image] @chasedownleads : Excited to announce that I closed on a $31.38 transaction to secure a burrito and side of chips 20-year senior fixed rate financing was provided by Klarna DoorDash provided delivery of the asset Congratulations to all involved [image] @rollxtidextee : DoorDash debt collection outside your door because you missed a Chipotle payment [image] @iamphella : Me tipping the DoorDash driver $150 cuz it's on Klarna's tab [image] @dyingscribe : “Alright, so DoorDash makes money whenever any of you orders food instead of cooking. But the problem is, some of you are so broke, you can't even afford that. You don't have $15 for a burrito. Which, obviously, means you should just not get the burrito, right?” [image] @sopranosworld : “Hey, Richie, this envelop is a little light. Everything is ok, it's just these assholes over at DoorDash. I took out a loan on a burrito and these sons of bitches won't get their foot off my neck.” [image] @lifeinvestmoney : Let's breakdown exactly what DoorDash Arbitrage is and how it can make you a millionaire: 1. You doordash a burrito for $14 2. Choose the “pay later” option 3. Instead, put the $14 into Fartcoin 4. Become millionaire next week 5. Never pay off your burrito and keep repeating Skylar Romines / @skylarromines : If you're a guy in your early 20s, order Chipotle on DoorDash 6x a week. Go into debt if you have to. @boringbiz_ : You are telling me these loans are backed by consumers who ordered burritos on DoorDash? [image] WillDubz / @wtwright4 : @DaveRamsey The only person this would be aimed at is someone that says, “Damn, I can't afford a $12 door dash. Ohhh! I can pay in installments?? I'm in!” Adam / @personofswag : what do you mean you have $11k in “doordash debt” [image] Forums: r/redscarepod : DoorDash debt collection is at my door rn because i missed the third instalment on my burrito payment plan
Americans needing credit and payment plans to afford their Door Dash orders is some end-stage capitalist bullshit for sure. — about.doordash.com/en-us/news/ d...
Eat now, pay later is an awful trap. If you need to borrow to have a burrito delivered to you, you are the product. Nothing more. These companies aren't helping people. In fact, they are taking advantage of them.
Excited to announce that I have closed on the purchase of a $24.95 personal pan pizza and wings combo from Pizza Hut! Grateful for all the hard work put in by my advisors at JP Morgan Chase to finance the transaction and Sullivan & Cromwell LLP as trusted legal counsel.
ubiquitous unified food delivery is a pretty astounding increase in material living standards that people take for granted. it was made possible by advancements both in technology and consumer finance
“you have the bankers working late night, the tech employees... sure the AAA stuff should hold up. but do you have any idea how many burrito taxis have been securitized? how many fast food deliveries are in those CDOS? once the BBBs start defaulting, this all comes crashing down”…
“Burrito taxi payday loan” is great material but seriously how can this possibly work? This has to be narrowly targeting the worst demographic on the planet to lend money to
I think the real third rail is that nobody wants to talk about whether and how much corporations should be allowed to take advantage of very stupid people.
DoorDash and Klarna have signed a deal where customers can choose to pay for food deliveries in interest-free installments or deferred options aligned with payday schedules.
NEW: Doordash users will be able to take out a loan to pay for lunch after the company struck a deal with Klarna. Customers will be able to split a payment into 4 interest-free installments or defer payments to a more convenient date. Taking out a loan to buy lunch may be the [vi…
I'm not saying the economy is completely collapsing but when services like DoorDash are letting you finance your cheeseburger delivery, that can't be good.
Doordash x Klarna should use AI to create a “sexy mommy” avatar who orders food for you and keeps track of your payments for you. There should also be an associated augmented reality game in which you must collect coins for her, or else she becomes hateful and ugly and then dies
This is a good idea because only rich people can afford DoorDash. Now, rich people can earn some yield on cash as they wait to make the interest free payments, effectively lowering the cost of their burrito.
It's the year 2034. It's Friday night. Your burrito arrives via drone, still warm. You nod and whisper “thank you” to the delivery bot before it scurries off into the fog. Moments later, your wrist chip buzzes—first of six interest-free payments processed. You lean back. Life is
Financial innovation we've been desperately needing for a while. Pay for that $20 boba tea over the course of the next 4 months bc you're too poor to pay for it today.
DoorDash is not just for McDonald's and wingstop. You can buy groceries and household supplies, imagine needing to feed your family but you don't get paid till Friday.... Yall just love to talk shit
So then they securitized all the DoorDash loans and sliced them into tranches to sell off to the banks Rating agencies were slapping AAA on Chick-fil-A orders for credit scores under 500 who didn't leave a tip [image]
“So we take these DoorDash loans, combine them, and create a whole new instrument where investors can bet on whether borrowers will pay off their Taco Bell Crunch Wrap Supreme within 12 months” [image]
John, the name of the company is DoorDash. Through a partnership with Klarna, they've just unlocked interest-free structured liquidity for high-frequency sustenance transactions. You can finance a carne asada burrito over 4 easy payments, or even defer the charge until payday. [i…
Excited to announce that I closed on a $31.38 transaction to secure a burrito and side of chips 20-year senior fixed rate financing was provided by Klarna DoorDash provided delivery of the asset Congratulations to all involved [image]
“Alright, so DoorDash makes money whenever any of you orders food instead of cooking. But the problem is, some of you are so broke, you can't even afford that. You don't have $15 for a burrito. Which, obviously, means you should just not get the burrito, right?” [image]
“Hey, Richie, this envelop is a little light. Everything is ok, it's just these assholes over at DoorDash. I took out a loan on a burrito and these sons of bitches won't get their foot off my neck.” [image]
Let's breakdown exactly what DoorDash Arbitrage is and how it can make you a millionaire: 1. You doordash a burrito for $14 2. Choose the “pay later” option 3. Instead, put the $14 into Fartcoin 4. Become millionaire next week 5. Never pay off your burrito and keep repeating
@DaveRamsey The only person this would be aimed at is someone that says, “Damn, I can't afford a $12 door dash. Ohhh! I can pay in installments?? I'm in!”