Carvana’s originations increased in the second quarter, driven by growth in retail sales, as results continued to exceed expectations. The Tempe, Ariz.-based retailer and lender originated $2 billion in loans in Q2, up 10.6% sequentially and 37.5% year over year, according to Carvana’s July 31 letter to shareholders. Originations were boosted by significant retail sales […]
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