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

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 ...

24, 2023, the used car dealer repossessed the vehicles of at least 28 service members who were in active milita ...

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

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 ...

Affected troops will receive $15,000 each, plus any lost equity in the repossessed vehicle, according to the settlement agreement.

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 ...