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

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

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

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 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 ...

During the first quarter of its 2015 fiscal year, CarMax Auto Finance originated $20.5 million of loans — representing 0.8 percent of retail unit sales for the timeframe — through its program for ...

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.