Santander Consumer USA Holdings Inc Consumer Loan Complaint

Santander Consumer USA Holdings Inc Consumer Loan department,

Vehicle loan Managing the loan or lease Virginia

On - -, - I purchased a car through Santander Consumer. The cost of my car was $12000.00 with an interest rate of 24.99 % I put $3000.00 down. As of today -/-/-, I owe $13000.00. I have made - payments of -. I called Santander to ask questions about my loan, I was told that My balance is my balance whether I pay off the loan early or not. - - the manager I spoke with could not tell me the amount of interest and the amount of Principle that defined my loan. I was told I have a simple interest loan with accruing daily interest of $8.00. and after 10 days a late fee is applied of -. I do n't believe that this loan fair nor should it be legal to take advantage of consumers when we are not aware of all of the thin lines and loop holes. I have paid $16000.00 on my car and I still another 4/5 years to pay it off. It is a - - -.