other
confidence low
sentiment neutral
materiality 0.25
Carvana ABS trust files static pool data for Deal Score <=49 receivables (Jan 2015-Sep 2021)
Carvana Receivables Depositor LLC
- Static pool information covers delinquencies, prepayments, and cumulative net losses for receivables from obligors with Deal Scores of 49 or lower.
- Origination period from January 1, 2015 to September 30, 2021; data is attached as Exhibit 99.1 (not provided in text).
- Received glossary definitions in Exhibit 99.2, including Wtd. Avg. PTI ratio, Cumulative Net Loss, and ABS Total (%) calculation methodology.
- Charge-off policy adjusted in Q2 2017: accounts charged-off at 120+ days past due (previously 90+ days).
- This filing is routine ABS informational material; no transaction-specific performance data disclosed.