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In 2017, Santander agreed to pay $25.9 million to resolve investigations by the attorneys general in Massachusetts and Delaware over sub-prime auto loans. RECOMMENDED FOR YOU F&I tip: Create ...
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 ...
A unit of European lender Banco Santander SA (SAN.MC) has agreed to settle claims by a U.S. consumer watchdog that it misled drivers about the costs of loans and the coverage of related insurance ...
Santander's total auto loan originations reached $8.4 billion, an increase of 5 percent. FCA average quarterly penetration rate also increased to 36 percent, up from 32 percent in second-quarter 2018.
Facing accusations by the feds that it misled customers on their auto loans and insurance products, subprime auto lender Santander Consumer USA agreed to pay $11.8 million to settle the claims, a ...
Santander uses FICO Platform to offer financing solutions across a wide range of credit profiles. HOLLYWOOD, Fla., May 07, 2025--(BUSINESS WIRE)--FICO World 25 – FICO (NYSE: FICO):. Highlights ...
A group of 34 state attorneys general has reached a settlement with Santander Consumer USA over allegedly shady subprime auto loan practices, which could provide consumers with $550 million in reli… ...
Santander's auto lending arm is the largest subprime auto lender in the country, according to the research firm IBISWorld. But the subprime market has also gotten "very crowded" in the last few years ...
A leading U.S. consumer watchdog is preparing to sue Santander bank alleging that the Spanish bank overcharged borrowers on auto loans, two sources familiar with the plans said on Friday.
Santander Consumer USA Inc. has reached a $550 million deal with nearly three dozen states to settle charges of predatory auto lending to low-income and subprime borrowers.
Dallas-based auto lender Santander Consumer USA Inc. agreed to settle a lawsuit brought by the U.S. Department of Justice alleging that it violated U.S. military members’ rights, according to a ...
A unit of European lender Banco Santander SA <SAN.MC> has agreed to settle claims by a U.S. consumer watchdog that it misled drivers about the costs of loans and the coverage of related insurance ...