Santander Consumer USA Consumer Loan Complaint

Vehicle loan Taking out the loan or lease

Santander Consumer USA Consumer loan department,

Vehicle loan Taking out the loan or lease Maryland

I bought a car from - in - from a sales person named -. The car was a 2003 Mercedes with around - miles valued at $9500.00. - sold me thecar for over $18000.00 after telling me that I had to stay around $10000.00 I later see so he could add all these additional charges. - set me up with a finance company that he told me that they use on a regular basis called Santander -. They added an additional $18000.00 which would have come to over $36000.00 had I paid off the loan. - told me I could pay off the loan early and avoid the interest but after I signed the contract Santander made me pay on the interest - and intended on getting all $ 36000for a $9500.00 car. I traded the car in after paying $ - which cameto $9000.00 and I also put down $1400.00 down payment. Its amazing that there are companiesout there that are doing this and going UNCHECKED. This is modern day LOAN SHARKING.

Santander Consumer USA customer in Maryland
May 07, 2015

* Source: CFPB Complaint Database

Santander Consumer USA response to complaint:
Closed with explanation

Consumer disputes how Santander Consumer USA handled their complaint

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Contact Santander Consumer USA

https://www.santanderconsumerusa.com/
(888) 222-4227
https://www.santanderconsumerusa.com/customers/con
P.O. Box 961245
Fort Worth TX 76161
Santander Consumer USA
Santander Consumer USA

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