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 ...

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 ...

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 ...

As the economy continues to sour, debt-strapped vehicle owners are defaulting on automobile loans at record rates, providing repo men, auction wholesalers and dealers with loads of work. "Business is ...

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

Watch the tense moment when a car is being repossessed. Real-life events unfold with unexpected drama.

A concerned grandson recently shared a troubling story that drew serious concern from the personal finance community: their grandfather had his car repossessed after falling behind on payments for a ...