Santander positioned to make money from internet based car loaning, despite track record of predatory financial loans

Santander positioned to make money from internet based car loaning, despite track record of predatory financial loans

Boston-based Santander Bank’s https://yourloansllc.com/1-hour-payday-loans/ automobile funding arm lately agreed to a far more than half a billion dollar arrangement in an instance put by 33 claims as well region of Columbia over predatory credit techniques. At issue were Santander Consumer USA’s unaffordable, subprime financial products.

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