When Carvana makes a car loan to a buyer, it packages it with other loans and sells the debt to investors. While other auto lenders also sell loans to investors, they typically keep the debt on their books, recording gains and losses over time. Carvana, on the other hand, doesn’t re...
Carvana (CVNA) Renews Deal with Ally Financial to Sell Up to $4B in Car Loans 15d ago ALLY CVNA The Fly Carvana amending Ally pact ‘pokes at least one hole’ in short thesis, says BTIG 15d ago ALLY CVNA The Fly Carvana announces renewal of agreement with Ally Financial ...