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

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 ...

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

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

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

Add Yahoo as a preferred source to see more of our stories on Google. Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often ...

Car repossessions in the United States have reached their highest rate since the 2009 recession, reflecting economic strain and rising costs for vehicle owners.Michael Jones, an economics professor at ...

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

"More carmax repos at the auction. People are defaulting on their loans and getting their vehicles repossessed," TikToker Cheese (@thankucheese) writes in a caption for yet another video where he ...

Add Yahoo as a preferred source to see more of our stories on Google. She couldn't believe that her car was being repossessed so soon after her purchase. When Tiah McCreary bought a used Kia K5 from ...