CarMax will pay $500,000 to settle allegations of illegally repossessing vehicles from active-duty service members and reservists, violating the Servicemembers Civil Relief Act (SCRA). The settlement includes $420,000 for affected service members and a $79,380 civil penalty to the U.S. government. CarMax will also revise its policies to ensure future compliance with SCRA protections.
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Idaho to pay $500K to settle illegal repossession claims involving military members
CarMax will pay $500,000 to settle allegations of illegally repossessing vehicles from active-duty service members and reservists, violating the Servicemembers Civil Relief Act (SCRA). The settlement includes $420,000 for affected service members and a $79,380 civil penalty to the U.S. government. CarMax will also revise its policies to ensure future compliance with SCRA protections.