Santander Complaint - Santander bought my auto loan from Citifinancial
DALLAS, TEXAS -- I had an auto loan with Citifinancial. It was a simple interest loan.
My loan was sold to Santander. They use the precomputed method on my
loan without my consent. I can't pay any extra money towards my
principal amount. Therefore, I can't pay the loan off early without
being penalized. This is ridiculous. I have never had this happen,
and I have bought many cars. I have researched this and there are
many complaints and many class action lawsuits being filed for this
reason and many others. I am ready to file a lawsuit too.