Violation Tracker Individual Record

Company: 
Santander Consumer USA Inc.
Current Parent Company: 
Banco Santander
Penalty: 
$9,350,000
Year: 
2015
Date: 
February 25, 2015
Primary Offense: 
Servicemembers Civil Relief Act
Secondary Offense: 
consumer protection violation
Violation Description: 

Santander Consumer USA Inc. agreed to pay at least $9.35 million to resolve a lawsuit by the Department of Justice alleging that the motor vehicle lender violated the Servicemembers Civil Relief Act through improper repossessions.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Civil Rights Division
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
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.