Car repossession rates have approached Great Recession levels in recent years, driven in part by post-pandemic economic ...

CarMax, the nation's largest used-vehicle retailer, has agreed to pay hundreds of thousands of dollars to resolve federal allegations that it illegally repossessed vehicles belonging to members ...

The used car business runs on contracts, credit checks, and the occasional unpleasant phone call about missed payments. But ...

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 active-duty personnel without the legal safeguards that protect those in uniform.

When you signed the financing agreement that enabled you to buy a car on payments, you made a legally binding promise to make those payments on time every month. If you miss a single payment by 30 ...

In a major legal development, the nation’s largest used car dealer, CarMax Inc., has been ordered to pay approximately $500,000 to settle allegations that it illegally repossessed vehicles owned by ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. The Columbia Metropolitan Airport on Tuesday, February 3, 2026. (Joshua Boucher/[email protected]) Beware. Once you’ve parked ...

Add Yahoo as a preferred source to see more of our stories on Google. A young Cherokee County man’s car was repossessed, even though he says he kept up with the weekly high interest payments. Channel ...