CarMax to Pay Nearly $500K in SCRA Vehicle Repossession Settlement
The U.S. Department of Justice (DOJ) has reached a settlement with CarMax Inc. and its financing division, CarMax Auto Finance, resolving allegations that the company violated the Servicemembers Civil Relief Act (SCRA) by unlawfully repossessing vehicles owned by U.S. servicemembers. Under the agreement, CarMax will pay at least $420,000 in damages to affected servicemembers and…
