Do Not Finance Your DOORDASH
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Clara’s for stupid people. I said it. I said it. I’m sorry. No Mary Poppins here. No spoonful of sugar to make the medicine go down. Yeah, I have to be brutally honest with people out there. If you’re using Clara to make installment payments, there’s something wrong with your medulla oblongata. Okay? You’re spending money you don’t have. You can’t afford it. Now, why am I bringing this up today?
I thought this was a parody. I thought this was on the Babylon B. Clara is now going to allow this payment agency out of the Netherlands. They’re going to go public soon on the New York Stock Exchange. They are now going to, Clara, they’re going to allow DoorDash. DoorDash is going to be accepting payments through
Clarence so you’re gonna be making installment payments on your delivered sushi
burritos. got, I mean, I I love my listeners. I got some great bits here and there, taking them from the movie, the big short there, you know, those scenes there like, let me get this straight. You can buy a burrito on an interest free installment plan. That’s right. When we’re not even based in the Chipotle store. So you finance this by packaging the burrito installment loans into burrito CDO A.
which has part of burrito CDOB and both get put in the burrito CDOC. And the originally RONES are backed by burritos. I can go on and on and on. I mean, this is nuts. Now they’re saying this is interest-free installment plans, but you better make sure you make those payments because you’re gonna get whacked with late fees. Clarence charges 3.5%.
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3.5 % to merchants. I’m curious here if they’re gonna factor this into, if a Klarna payment is gonna be the same as a regular, if you’re paying it then and there. So basically you got people that are using DoorDash are gonna be subsidized and the people in the interest free plans. It’s a myriad of different things that are going on because that’s gonna add to everyone’s cost for food. But anyway, neither here nor there. You use Klarna, you are making installment payments.
for your delivered food. I really don’t know what to tell you people. This is the world that we live in. Who is it? Aristotle? Aristotle suggests that some people are just natural slaves. I know, you can’t say anything like that. Yeah, people just like to be slaves to their stuff and to debt. This is from E.J. Antoni.
This is the credit reality right now in the country. Less than two thirds of people have access to $2,000, including credit, to pay unexpected bill in 30 days. Chance of credit application rejection hits record high. Average rejection rate for refis on mortgages has exploded from a year ago, now nearly 42%. Now maybe some of these refis, maybe these people should
do with their lender that they already have saying, hey, listen, either you’re going to refi this or guess what? I might default because the banks don’t want these loans. But again, many of these banks and the various different service providers, they can’t get out of their own way because one doesn’t talk to another. It’s a big freaking stinking mess, quite frankly. And forget about it when you get Fannie and Freddie involved. Not to mention the fact that, let’s just be honest here, you’ve got AOC.
and Annapolina, Republican here out of Florida, and there’s others out there chiming in that we’re going to limit the credit card interest rate to 10%. They’re going to cap that. unless you’ve got really good credit, I’m just telling you right now, you ain’t getting a credit card. Again, might be the best thing for you, but people are going to be up in arms. And after, if they get that through, and if they push that through, you’re going to hear all sorts of calls from the left demanding.
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demanding that credit card companies give these credit cards out because it’s racist. It’s redlining. They’re not gonna be able to do that. They’ll bring back redlining for credit cards. Mark my words. Don’t doubt me. I know these people. I know how they operate. But yeah.
bit of advice here you know don’t buy stuff you can’t afford just saying. I’m pay my burrito on a four monthly installment plan. Watchdog on wallstreet.com
