Santander Consumer USA
Unexplained charges on payoff amount

I had been approaching the finish of my agreement when Santander required over my auto loan. I'm today in the ultimate payment, that ought to have now been compensated on 11/07; nevertheless, they delivered a statement displaying a stability of 747.11 but just seeking a 320.00 payment. I created the 320.00 cost on 11/05 after which started getting the automatic telephone communications that my consideration was overdue. Today they're declaring that since I'd divided my monthly vehicle obligations in two previously (because of being paid bi monthly) that I owe another 431.00 in late charges which the total amount of 747.11 - not the total amount owed (320.00) at the end of the statement was said to be compensated by 11/07/10. He also described this late-payment charge that I've been accumulating was around $5 monthly. The amusing thing is the fact that I refinanced my unique mortgage with Citi so that they didn't contain it full-term which may have now been 60 weeks. Actually at 60 weeks, $5 monthly is just $300... Not 431.00. I did so possess a deferment with Citi because of being let go in 2009 however the distinction of the deferment could be significantly more than 431.00 if that's the things they want to recover, and so I do not know where they're obtaining this quantity from. They've also stated that it had been my obligation to become conscious of my readiness time and acquire the benefit sum in the place of heading by that which was about the statement therefore today my consideration is likely to be in selections till I will spend the 431.00 on 12/01/10. The benefit is outwardly on the basis of the curiosity and it is just advantageous to 15 times... But no body actually delivered something out about this. I've reduced additional vehicles before and also have NEVER had that much difficulty.

Company: Santander Consumer USA
Country: USA
State: Georgia
City: Woodstock

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