Santander Consumer - Sandanter - Overcharging
I too have been having problems with Santander Consumer USA. My orginal loan was through Citifinancial Auto. In September 2010 i was sent a letter stating i Santander would be the third-party servicer for part of its auto loan/retail installment contract portfolio. As part pf this transaction you auto loan/retail installment contract is still owned by CitiFinancial Auto but will be serviced by Santander Consumer USA effective 9/6/10.
In the letter it stated my original financed amount: $20,899.70 and my balance remaining $16,114.97 and the maturity date of 3/23/2013. Since receiving this letter I have been paying $479.00 per month which I calucated to $4790.00 that I have paid in the last 10 months. When I called for a payoff amount they gave the amount of $14,285.00. So all that money i paid only $1829.00 was applied to my remaining balance.
I've contacted Santander and asked for a payment history. I also tried getting online to check my account but of course I can't get into it. So they told me they would fax me the payment history and reset my log in. Is there anyway to get out of this company. I'm paying extra on something I should be paying. Any suggestions or advice? I have read all the complaints about this company and now its got me worried.ab5533c