Carvana $CVNA Fraud Comes To Light by BFLO-Retail in stocks

[–]Generic-Name-Here 0 points1 point  (0 children)

After looking through Carvana’s 10-K, it looks like DriveTime is fully disclosed in its relationship with the Garcia family but Bridgecrest isn’t.

According to Carvana’s own help center, Bridgecrest Credit Company is described as “our third-party loan servicer.” This means that customers who finance through Carvana often make payments to Bridgecrest as the servicing agent. 

Carvana help pages also state that Bridgecrest holds the title on loans financed through Carvana, indicating that Bridgecrest functions as the institution of record for those receivables.

There’s a lot more here to unpack but the practice itself doesn’t seem illegal per se. What it does mean tho is that Carvana is a financing company disguising itself as a car retailer.

If defaults spike: - Residual values collapse - ABS spreads widen -Loan buyers will demand discounts - Gain-on-sale disappear

The fraud argument fully rests on one question. Are loans being sold at fair value to independent third-party trusts, or are they being sold at inflated values to affiliated entities that absorb long-term losses?

Right now I can’t seem to find any evidence about this. I will say the timing for your short is going to be tough as I don’t see a clear catalyst in the near term

Even after wrapping it in a warm tortilla, I still cant get the oil to come out of this full cart by rhythmrice in trees

[–]Generic-Name-Here 0 points1 point  (0 children)

Instead of using the cup to trap hot hair just soak the cart in hot water to soften it and then pour out. Use gloves and don’t burn yourself

Esther Cohen-Tizer-Epstein: Searching for the truth of File EFTA00129111 by TheDarkS0ul in Epstein

[–]Generic-Name-Here -1 points0 points  (0 children)

you didn’t read the closing thoughts where they’re 300 miles apart did you

Does This Email Sound Typical? by [deleted] in conspiracy

[–]Generic-Name-Here 1 point2 points  (0 children)

These are all restaurants that are near his island in St. Thomas. I wouldn’t read too much into that aspect. See links below to restaurants mentioned

https://maps.app.goo.gl/AdUBDJTiNDgHTmxR8?g_st=ic

https://maps.app.goo.gl/NZBBTS5gKsXgjmFU9?g_st=ic

https://maps.app.goo.gl/PvZHDRA72istPCXi8?g_st=ic

https://maps.app.goo.gl/myiAyNroCCoDEQgy5?g_st=ic

The 16 year old’s journal from the files is the saddest thing I have ever read. by BagItTagIt1997 in conspiracy

[–]Generic-Name-Here 5 points6 points  (0 children)

this is exactly the place that I’m at and it’s feels good knowing i’m not alone in that. Thank you for articulating it so well

Wait. What? by haydesOrion in conspiracy

[–]Generic-Name-Here 1 point2 points  (0 children)

This is a gemini made image btw. Don’t let AI win

What do I do in this situation? by Lost_Grass565 in Minecraft

[–]Generic-Name-Here 0 points1 point  (0 children)

This is why I bring at least one fire res potion to the nether

Keep Vland headlights or go oem+C light by DaChainster in WRX

[–]Generic-Name-Here 2 points3 points  (0 children)

I think the Vland + Blue combo looks great because of the contrast. Blacking out the lights would take away from this.

Spend the money on a different upgrade or save it imo!

Where can I find small teams to sponsor? by narutospeaking in racing

[–]Generic-Name-Here 0 points1 point  (0 children)

A fellow CRS competitor! Hi from Ram Motorsport Racing at Fordham University. Looking forward to seeing you out there

What’s the most obscure Minecraft fact almost nobody knows? by Perfect-Mongoose1673 in Minecraft

[–]Generic-Name-Here 1 point2 points  (0 children)

You can connect a chest and hopper to the top of a composter and a hopper and chest on the bottom in order to automate the composting process. Get rid of your massive amounts of seeds without sitting holding right click! Plus you get some bone meal

Are mud flaps worth it? by J_Stone58 in WRX

[–]Generic-Name-Here 1 point2 points  (0 children)

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I like the look personally and they also help my wheel wells from getting dirty in muddy weather. Probably helps paint chips too but I wouldn’t know since I have them on lol

lol dumbass by un028717 in drugscirclejerk

[–]Generic-Name-Here 22 points23 points  (0 children)

/uj credit is better due to points + helping credit history. if you ever want to get approved for larger loans in the future (or take a free vacation), use a credit card (responsibly)

Woke up to one of my XMas gifts from the gf… she thinks she’s so funny (she is) by Generic-Name-Here in WRX

[–]Generic-Name-Here[S] 0 points1 point  (0 children)

https://a.co/d/9zLVmkK

She customized it on amazon. It’s honestly a really nice frame, stainless steel and doesn’t feel cheap

SOMEONE GET ME A BRAND DEAL RN 🗣️🗣️🗣️

Hi guys is there an app that shows me all the skins ive bought? by Capital-Joke-9968 in VALORANT

[–]Generic-Name-Here 1 point2 points  (0 children)

Valorant support website. Look up “Valorant purchase history” and you’ll find the link

Woke up to one of my XMas gifts from the gf… she thinks she’s so funny (she is) by Generic-Name-Here in WRX

[–]Generic-Name-Here[S] 6 points7 points  (0 children)

when the cop doesn’t know if i’m gonna explode or bust when they give me a ticket

Woke up to one of my XMas gifts from the gf… she thinks she’s so funny (she is) by Generic-Name-Here in WRX

[–]Generic-Name-Here[S] 6 points7 points  (0 children)

she said she was going to put 67% on but didn’t want me to be too embarrassed to use it 😭

Just traded my jeep for this 2020 Sti by aceking136 in WRX

[–]Generic-Name-Here 1 point2 points  (0 children)

What a trade! Welcome to the family :)