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Santander Consumer USAauto loan

1
S Aug 15, 2018 Review updated:

We are new to purchasing a car and we were told what car we were "allowed" to buy which was a 2017 Nissan. It is a very nice car but the payment were really high, $453 per month. The interest is worse, it is 24%. After a few months we pay the $453 and notice not even ONE DOLLAR is going to principal!?! We are so stressed out over this agreement! And every month our balance gets $200 added just because of interest! We don't know what to do.

Responses

  • Wa
    Wanda Curry Aug 16, 2018

    Good luck to you. I too am going through the same thing with this company. Someone needs to stop them in their tracks. Disgusting! You may also have additional payments added on to your loan, extending more payments onto the balance.

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