Santander Consumer Usa
Loan term changed from 60 to 96 months with large payoff balance

Miscellaneous

I talked with a supervisor about our loan and the payoff on our 2004 Ford Taurus. When we bought this car in 2007 we paid $9000 and had a 60 month loan. As of Oct 8 I find out our payoff on this car is over $8800 and we are supposed to have a loan of 96 months. We never signed any paperwork on this with Santander and our payments are $202 per month. Without even figuring the interest which I have no idea at this time what the interest rate is.By the time we pay this car off we will have paid over $18000 on a $9000 car. Now is this FAIR? I think not.


Company: Santander Consumer Usa
Country: USA
Address: Santander Consumer Inc. P.O. Box 961245 Ft Worth TX 76161-1245
Phone: 8882224227
Site: santanderconsumerusa.com
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