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 ...

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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 ...

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

CarMax agrees to pay nearly $500,000 to settle DOJ allegations that it illegally repossessed vehicles from at least 28 active ...

"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 ...

The U.S. Department of Justice said that the Civil Rights Division's Housing and Civil Enforcement Section and U.S. Attorney's Office for the Eastern District of Virginia have obtained over $484 ...

A proposed class-action lawsuit that alleges an area car dealership violated consumer protection laws in repossessing vehicles must be heard by an arbitrator instead of a jury, a Lackawanna County ...

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 ...

Considering inflation has already hit the US market, it’s best to prepare accordingly and plan your expenses more thoroughly. This is especially true if you’re looking to buy a car in the near future.

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 ...