Santander Consumer USA
Payment Fraud and contract minipulation
We agree with the recent complaints against Santander Consumer USA! We are having many of the same issues. My loan started with Wells Fargo back in 2008, then passed to CitiFinancial Group, which we are being told changed their name to Santander Consumer USA. When the name changed, apparently so did my original loan amount. How can they change my original loan payment agreement to a higher amount without my acknowledgement or consent? My payments were 729.00 and I was on time with all payments, how do I go from a contract owing 31, 000.00 to owing 38, 000.00 after months of payment 729.00? but when we figure all the payments and fees we have already paid them will over 31, 000.00 and headed toward 45, 000.00! This lender is taking advantage of consumers, we feel trapped by this loan and just want out! The car is falling a part and every car dealer we've tried to trade the car in with will not touch it due to the company, they don't want to deal with them at all and will not touch the vehicle for that reason only.