To date, older episodes of the Simpsons have been quite prophetic. I wonder....
When people buy a car from Carvana, a loan originates from the retailer, but it then sells those loans to other companies. Its primary buyer for those auto loans was Ally Financial, but the bank has since pulled back on its partnership. This may be in part because Carvana’s underwriting practices on those loans have been historically suspect. Hindenburg notes that Wells Fargo—a company that has mastered the art of scammy financial dealings—called off a partnership with Carvana in 2019 because “Their underwriting practices were not something that we were particularly comfortable with.”