Violation Tracker Individual Record
Company:Santander Consumer USA Holdings Inc.
Date:March 29, 2017
Offense Group:consumer-protection-related offenses
Primary Offense:consumer protection violation
Santander agreed to pay $22 million in settlement of allegations it facilitated unfair high rate auto loans, with knowledge that many of the loans would default.
Level of Government:state
Action Type:agency action
Agency:Massachusetts Attorney General
Civil or Criminal Case:civil
HQ Country of Parent:Spain
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
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