Santander Consumer Usa - CrookS!
Got car note from them on a car for $15,500 in 2011. I have paid to date $21,000 on this car.
They inform me that I still have over $12,000 to pay off the vehicle, scheduled to end in November 2017!! WHAT ??? !!!! The interest rate they gave us is not adding up to their numbers, even as high as it was.
Every person I talk to, banks and car dealers, all say the same thing... they are the worst company to get a loan with. Dealerships wont work with us because Santander wont work them to pay off and trade in.
Have been trying to get rid of vehicle and Santander, but we cant because of this!! Why cant regulators control this type of crime?
Reason of review: Not as described/ advertised.
Monetary Loss: $18000.
Preferred solution: Full refund.
Location: Denver, Colorado
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ready for class action lawsuit typen40@***.com
They are the worst. I have a loan with them too. They are flat out *** crooks.
I totally understand your pain. In two years I have paid $605 on principle the rest all to their interest.
Sure I had 2 two month deferments (in between jobs and reduction in income) and a date change but that should not have caused a huge amount of interest! I have begged them to reduce my interest rate to no avail just if you want to refinance with another company go ahead. Well I would except I cant get refinanced because there are now too many miles on the car and too much negative equity to trade it...so you know what...they can have the car back. I have dealt with bad credit before I will handle it again.
I have filed a complaint with the Better Business Bureau and am sending a letter and information to our state consumer affairs division. As of this week; I voluntarily surrender the car.
They can eat it for as dirty as they have played me. Class action law suit...if anyone gets one together feel free to email me at kpatterson441962@***.com
I agree with you both.