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

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 ...

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 ...

Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the Justice Department to the tune of nearly $500,000. On Monday, Justice Department ...

The nation’s largest retailer of used cars, CarMax, will pay at least $420,000 to resolve allegations that it repossessed vehicles from U.S. service members without court orders, the U.S. Department ...

CarMax Auto Finance. (4) CAF income decreased 11.2% to $102.6 million as an increase in the provision for loan losses outweighed growth in CAF’s net interest margin percentage. This quarter’s ...

Courant Investment Management sold all 247,520 shares of CarMax in the fourth quarter. The estimated trade size was $11.11 million. The CarMax position previously represented 8.8% of Courant’s AUM as ...

WASHINGTON (WAVY) — CarMax will pay at least $420,000 in damages to servicemembers and a civil penalty of nearly $80,000 to the U.S. as part of a settlement with the company after the Department of ...

In addition, CarMax Auto Finance originated more than $8 billion in auto loans during fiscal 2025, adding to its nearly $18 billion portfolio. CarMax has 250 store locations, over 30,000 associates, ...