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

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

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

It’s only inevitable that as more Americans fall behind on their monthly car payments, the more they’ll get their vehicles repossessed. A recent study by Fitch Ratings found that more subprime ...

It is undeniably true that car repossession has dire consequences on your credit score and affects your future chances of credit ability. Using a car loan may seem like the best way to own your dream ...

Hyundai's and Kia's American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday ...

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 ...

It was a Sunday night in August, just after midnight, when I was awakened by a loud banging. I opened the front door, ready to deliver a reminder about not forgetting the house key to my college ...

It was a Sunday night in August, just after midnight, when I was awakened by a loud banging. I opened the front door, ready to deliver a reminder about not forgetting the house key to my college ...

"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 ...

Since 2020 the car market has been rocked by one problem after another. First it was a lack of stock, then parts, then supply. All of this causes prices to shoot up. Along with rising prices also came ...

Steve Hale hopped into the cab of a gray 2007 Range Rover and started the engine. The car, one of more than 80 vehicles parked outside a Meridian warehouse, slowly rumbled to life in Saturday’s ...