CarMax Auto Finance’s loss and delinquency rates were mixed in February as consumers began to receive their tax refunds.

CarMax Auto Finance reported “better than anticipated” loan charge-offs that had a favorable impact on both the provision for loan losses and the ending allowance for loan losses during the first ...

CarMax allegedly violated the Servicemembers Civil Relief Act, with each affected servicemember set to receive $15,000 in ...

Add Yahoo as a preferred source to see more of our stories on Google. WASHINGTON (WAVY) — CarMax will pay at least $420,000 in damages to servicemembers and a civil penalty of nearly $80,000 to the ...

CarMax, Inc. (NYSE:KMX) will report its financial results for the fourth quarter ended February 28, 2026 before the market opens on April 14, 2026, and it will host a conference call with investors at ...

Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the Justice Department to the tune of nearly $500,000. On Monday, Justice Department ...

CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from active-duty personnel without the legal safeguards that protect those in uniform.

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

In addition, CarMax Auto Finance originated more than $8 billion in auto loans during fiscal 2025, adding to its nearly $18 billion portfolio. CarMax has 250 store locations, over 30,000 associates, ...

The nation’s largest retailer of used cars, CarMax, will pay at least $420,000 to resolve allegations that it repossessed vehicles from U.S. service members without court orders, the U.S. Department ...