CarMax Inc., the largest used car retailer in the nation, has agreed to pay nearly $500,000 to settle allegations of ...

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

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 ...

The car repo business is booming as Americans fall behind on increasingly expensive car payments. Cars are being repossessed at the highest rate since the Great Recession of 2008 and 2009. The repo ...

A recent request for information about vehicle repossessions practices by Sen. Elizabeth Warren paints a picture of an industry preying on vulnerable consumers and seizing cars with reckless ...

A traveler's car was repossessed at an airport, although he didn't have an active lien. Here's a look at how you can have your car illegally snagged.

In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: ...

(InvestigateTV) — Car repossessions were up 43 percent between 2022 and 2024 - an estimated 3.2 million cars - according to a report by Bankrate citing data from Cox Automotive. Shannon Martin, an ...

KNOXVILLE, Tenn. — ProconGPS, a mobile resource management solutions company, recently announced it has bought the patents governing repossessions in the vehicle finance industry from CalAmp Corp. The ...

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