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

Title loans have long occupied one of the most expensive corners of the consumer-finance market. They offer fast cash in ...

This news story explains how CarMax, the nation’s largest used car retailer, agreed to pay at least $420,000 and $15,000 to ...

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

Central Virginia-based CarMax, Inc. will pay out nearly $500,000 to resolve allegations that it illegally repossessed dozens ...

CarMax allegedly violated federal law by repossessing servicemembers' vehicles without required court orders, leading to a ...

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

The DOJ has reached a settlement with CarMax to resolve allegations that vehicles owned by members of the military were illegally repossessed, violating the Servicemembers Civil Relief Act.

CarMax will pay at least $420,000 in damages to servicemembers and a civil penalty of nearly $80,000 to the U.S. as part of a ...

ALEXANDRIA, Virginia — The Justice Department announced a settlement with CarMax, Inc., resolving allegations that the nation ...

Buying a car to impress people who barely think about you is expensive. However, losing that car to repossession is even more ...

Initiating a major pro-consumer reform, the Reserve Bank of India (RBI) is set to introduce stricter norms for banks and recovery agents on how loans are recove ...