ED Magedson – Founder
SantanderTexas , Select State/Province USA
Santander Same thing happening to me texas
I have made 76 out of 73 payments to Santander. They took over my lian at the end of 2010 which was fine until I checked my credit and found that the had made my balance as if I had just had it finance with them brand new. I bought my car new in 2007, its now 2014 and credit report and account show I have a balance over $13,000.00. When I talk to Santander they tell me my loan was not generated through them so there is nothing they can do. I threatened to stop paying, I have proof of all payments no late payments and I read online they are repoing customer's cars even though all the payments have been made. They have a lawsuit against them but I do not know who to call to join this suit. I dont want money from them I want my title. They say my loan will be paid off june 2019, 12yrs of car payments this is nuts and I dont see how they are not stopped. I will only buy a car through my credit union. An expensive lesson. Santander cannot produce the original contract, I have it but they dont. Please do not get financed through them. Google the santander bank 8n europe and see the news on how broke they are right now.. Good luck
This report was posted on Ripoff Report on 02/25/2014 10:38 PM and is a permanent record located here: http://www.ripoffreport.com/reports/santander/select-stateprovince/santander-same-thing-happening-to-me-texas-1126591. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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