Santander Consumer USA Reaches Settlement Auto Loans

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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 relief nationwide, officials announced Tuesday. • The bank allegedly violated consumer protection laws in targeting buyers who were more likely to default for risky loans, according to court papers filed in Manhattan Supreme Court. • https://nypost.com/2020/05/19/santand... • • YOUR GUIDE TO SUE SANTANDER CONSUMER USA IN SMALL CLAIMS COURT • https://fairshake.com/santander-consu... • • Mastering Credit : The Ultimate DIY Credit Repair Guide • https://www.amazon.com/Mastering-Cred... • • The states joining in the settlement led by Illinois Attorney General Raoul are the attorneys general of California, Maryland, New Jersey, Oregon and Washington, who comprise the executive committee; as well as the attorneys general of Arizona, Arkansas, Connecticut, the District of Columbia, Florida, Georgia, Hawaii, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Nebraska, New Hampshire, New Mexico, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Virginia, West Virginia, and Wyoming.

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