News

At an Auto Finance Summit East session Thursday, May 2, executives from Bank of America, Santander Consumer USA ... expenses such as groceries and insurance, Stuart said. Loan statistics since ...
WASHINGTON (Reuters) - A unit of European lender Banco Santander SA (SAN.MC ... to explain to customers how an insurance policy known as "guaranteed auto protection" (GAP) would not always ...
Texas is easily Santander’s No. 1 market, accounting for $5 billion in auto financing. Texas also ranks among the leaders in subprime borrowers, with 44% of residents having credit scores below ...
Santander Consumer USA in Dallas has agreed pay a $2.5 million fine and $9.3 million in restitution to auto loan borrowers to settle allegations that it deceptively marketed an add-on insurance ...
Santander, with 11 branches in the Lehigh Valley metro area, ranks eighth in deposits at $631 million, according to the latest Federal Deposit Insurance ... $500 million in car loan debt.
complaints about motor finance have been paused until the FCA concludes its review in May next year. Santander is also facing claims against its car loan practices at the Competition Appeal ...
The lender also failed to explain to customers how an insurance policy ... the sources said. Santander Consumer is a leading provider of high-cost auto finance loans to low credit or "subprime ...
WASHINGTON, Aug 29 (Reuters) - European lender Santander has agreed to ... failed to explain to customers how an insurance policy - known as 'guaranteed auto protection' (GAP) - would not always ...