Who do I contact about the Santander settlement?
If you did not receive a postcard or email, you can call the settlement administrator at 1-800-253-2171 if you want to know if you qualify for a restitution payment.
How do I pay my car payment with Santander?
Santander Consumer USA Inc. accepts payments from personal checking or savings accounts via our interactive telephone system. Simply call us toll-free at (888) 222-4227 and have your account number and your checking or savings account information ready when you call.
Is the Santander settlement real?
Santander Bank has reached a $550 million dollar settlement with 33 states to settle predatory loan charges to low-income and subprime customers.
How do I claim a settlement from Santander?
If you did not receive a postcard or email notice of restitution eligibility, you still can contact the settlement administrator at 1-800-253-2171 to ask whether you are eligible for a restitution payment. Santander continues to process other relief that will be provided directly by Santander.
How much is the Santander settlement per person?
How Much Is Santander Settlement Per Person? While no final restitution amount has been announced, the cost of restitution for each consumer is at least $244 in total. The consumer must pay $80 for the privilege of attending.
What is a payoff quote?
A payoff quote shows the remaining balance on your mortgage loan, which includes your outstanding principal balance, accrued interest, late charges/fees and any other amounts. You’ll need to request your free payoff quote as you think about paying off your mortgage.
Can I pay Santander with a credit card?
Pay by Phone: Santander Consumer USA Inc. accepts payments from personal checking or savings accounts, credit and debit cards via telephone. Call toll-free at 1-888-222-4227, have your card information or bank account routing and check numbers available when you call. Please note that Fees may apply for this service.
How do I get my payoff from Santander?
If you’ve been making extra payments and would like to close your account, you can call or visit your local branch to get a payoff quote with a per diem interest charge. Confirm how long the payoff figure is applicable, as well as the options you have to remit payment—typically either online, in-branch, or by mail.
Does Santander have early payoff penalty?
There are no penalties for paying off a Santander Personal Loan early.
How much is the settlement from Santander?
A coalition of 34 attorneys general led by Illinois Attorney General Kwame Raoul, announced on May 19, 2020, a settlement with Santander Consumer USA Inc. (Santander) that includes approximately $550 million in relief for consumers with even more relief in additional deficiency waivers expected.