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The number of consumer loan accounts enrolled in deferment, forbearance, or some other type of relief plan since March 1 increased to 106M at the end of May, three times' the number at the end of April, the Wall Street Journal reports, citing numbers from credit-reporting firm Trans...
BOSTON , June 15, 2020 /PRNewswire/ -- Santander US announced today that it will close its offices and branches at noon on Friday, June 19 , in recognition of the oldest national commemoration of the end of slavery in the United States . "This year, Juneteenth is esp...
Thirty-day delinquency rates on automotive loans fell to 1.93% in Q1 2020 from 1.98% in the year-ago quarter, according to Experian's State of the Automotive Finance Market Report. More news on: Ally Financial Inc., Santander Consumer USA Holdings Inc., Credit Acceptance Corporation, Fi...
In early April, I cautioned investors that subprime auto loan companies like Credit Acceptance (NASDAQ: CACC) , Santander Consumer USA Holdings (NYSE: SC) , and Ally Financial (NYSE: ALLY) were facing a potential nightmare. In much the same way that the subprime mortgage market began t...
Santander Consumer USA ( SC -0.7% ) agrees to pay $550M to settle allegations that it violated consumer protection laws by placing borrowers with subprime credit into auto loans it knew carried a high probability of default, California Attorney General Xavier Becerra said today. More n...
DALLAS , May 19, 2020 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC"), today issued the following statement regarding its voluntary settlement with 33 states and the District of Columbia , which alleged that auto loans that SC funded through certain automobi...
DALLAS , May 14, 2020 /PRNewswire/ -- To address the impact of the COVID-19 pandemic, Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC"), announced today that the Santander Consumer USA Inc. Foundation has made charitable grants totaling $1.3 million to 18 nonprofit organiz...
Credit card issuers gain after Mastercard said it's seeing some early signs of "normalization" in the past two weeks. More news on: Discover Financial Services, Alliance Data Systems Corporation, American Express Company, Financial stocks news, Read more ...
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Image source: The Motley Fool. Santander Consumer USA Holdings Inc (NYSE: SC) Q1 2020 Earnings Call Apr 30, 2020 , 8:00 p.m. ET Operator Continue reading
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Betty Jotanovic Is Named President of Chrysler Capital and Auto Relationships at Santander Consumer PR Newswire DALLAS , Jan. 27, 2023 /PRNewswire/ -- Santander Consumer USA Inc. ("Santander Consumer") today announced that Betty Jotanovic will assume the ...
Santander Consumer USA Funds Financial Security Programs for Survivors of Human Trafficking and Domestic Violence PR Newswire More than $400,000 in grants from the Santander Consumer USA Inc. Foundation support New Friends New Life and the Genesis Women's Shelter...
Santander Consumer USA and Stellantis Agree on US Contract Extension PR Newswire Agreement extends Chrysler Capital relationship, reaffirming the mutually beneficial financing partnership DALLAS , April 27, 2022 /PRNewswire/ -- Santander Consumer USA ...