Tagurit
Plano,#2Consumer Comment
Mon, February 06, 2012
I'm confused. Do you not have the original purchase contract which would have clearly stated the principle, the interest rate, the # of payments, etc. etc.? Do you not have records of each and every payment you made - when the check cleared your bank account, etc. I am surprised the DA did nothing if you had this level of evidence or documentation.
Peggotti
Hyattsville,#3Author of original report
Wed, July 20, 2011
after paying on my car for six years not one person help getting my car back not one Santander pick up my car after its been paid for sold it for 4,040.00 and asked me for the remaining of $3,000.00 its taking me long to catch these crooks I had a nervous breakdown due to this dramatic tragedy of taking my car who can help a senior citizen do anybody really care about us. I know I cannot get the car back but can I get peace of mind or be compensated Please help any body I feel like I'm on a planet by myself. The Omega woman
SCUSA-Anonymous
United States of America#4General Comment
Tue, May 17, 2011
Santander Consumer USA, Inc ("SCUSA") is alot of things. I don't know where to begin with your situation. Are you in the State of Maryland?
If you are, SCUSA is required by law to send you a Right to Cure letter before they pick up your vehicle.
If you didn't get one, report this information to the Department of Labor, Licensing Regulation ("DLLR"). They are regulated by DLLR and the Federal Reserve Bank (FRB).
After they repossessed your car, did you receive a notice? I believe in the state of Maryland the notice would be titled "Notice of Intent to Sale" or something similiar. Basically the notice tells you where the vehicle is, the date and time of sale. The Maryland NOI letters are all inaccurate and in violation of Maryland's Annotated code.
The NOI must containt the following:
(1) The right of the buyer to redeem the goods, and the amount payable for them;
(2) The rights of the buyer as to a resale, and his liability for a deficiency; and
(3) The exact location where the goods are stored and the address where any payment is to be made or notice delivered.
If this information is not included in your NOI, SCUSA must return your vehicle to you and waive all repossession fees, and update your Credit Report.
If this information is not included in your NOI, AND your vehicle was SOLD, then SCUSA must (by law), delete your trade line in your credit report, and waive the deficiency balance. By law they cannot collect the deficient balance if your vehicle was SOLD based off an invalid NOI letter.
any more question, feel free to contact me!