According to the settlement, CarMax will pay at least $420,000 in damages to service members and a civil penalty of $79,380 ...

CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...

America's biggest used-car dealership illegally repossessed several cars in the late 2010s and early 2020s and has been ...

Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often converge into one lingering question: “What do I do now?” As an ...

CarMax Inc., the largest used car dealer in the United States, has agreed to pay $15,000 to each of dozens of military ...

The Justice Department secured a settlement requiring CarMax to compensate servicemembers over alleged unlawful vehicle ...

As part of the agreement, CarMax will pay at least $420,000 in damages to servicemembers along with a civil penalty of $79,380. According to a consent agreement, CarMax repossessed at least 28 ...

Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new and used cars sat at $734 and $525 per month, respectively, it's very easy ...

Sen. Elizabeth Warren (D-Mass.) has slammed the auto lending industry and claimed that car repossessions have surged to ...

As the economy continues to sour, debt-strapped vehicle owners are defaulting on automobile loans at record rates, providing repo men, auction wholesalers and dealers with loads of work. "Business is ...