The Department of Justice reached a $500,000 settlement with CarMax regarding allegedly wrongful repossessions ...

Since 2020 the car market has been rocked by one problem after another. First it was a lack of stock, then parts, then supply. All of this causes prices to shoot up. Along with rising prices also came ...

Fifth Third Bank is accused of opening fake accounts, charging customers $12.7 million dollars in illegal, worthless fees and even getting customers cars illegally repossessed, according to a ...

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 ...

Fifth Third Bank, which has branches in Michigan and 11 other states, wrongly triggered some 1,000 auto repossessions by charging extra fees for insurance coverage that duplicated what the driver ...

AOL Autos recently shared three strategies aimed at making repossessed vehicles more appealing to consumers. The site emphasized that purchasing a repo unit can be a pathway to a more luxurious model ...