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 ...

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, 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 ...

In a major legal development, the nation’s largest used car dealer, CarMax Inc., has been ordered to pay approximately $500,000 to settle allegations that it illegally repossessed vehicles owned by ...

Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new and used cars sat at $734 and $525 per month, respectively, it's very easy ...

CarMax is on the hook for nearly $500,000 after the US Justice Department alleged it illegally repossessed vehicles from active duty servicemembers. Most of that money will go directly to those ...

Add Yahoo as a preferred source to see more of our stories on Google. A young Cherokee County man’s car was repossessed, even though he says he kept up with the weekly high interest payments. Channel ...

Add Yahoo as a preferred source to see more of our stories on Google. The Columbia Metropolitan Airport on Tuesday, February 3, 2026. (Joshua Boucher/jboucher@thestate.com) Beware. Once you’ve parked ...

Image Credit: Survival World ...

UPDATE: Recardo S. Beale was sentenced by U.S. District Court Judge Myong J. Joun on Oct. 8, 2025 to 90 days in federal prison followed by three years of supervised release. He was also ordered to pay ...