FOR IMMEDIATE RELEASE
Thursday, September 30, 2021 – The Department of Justice announced today that Santander Consumer USA Inc, dba Chrysler Capital (Santander), has agreed to pay more than $134,000 to settle a federal lawsuit alleging that the company denied early motor vehicle lease terminations to servicemembers who qualified for them under the Servicemembers Civil Relief Act (SCRA). The department previously settled an SCRA lawsuit against Santander in 2015 for repossessing the vehicles of 1,112 servicemembers without a court order.
More Stories
The $694 Million Paradox: When Does a Risky Loan Become Too Risky to Make?
He Bought Their Identities. Then He Bought the Cars
Catch Me If You Can: Inside the Gingerbread Man Auto-Fraud Enterprise
Same FICO, Different Risk: Geography Emerges in Auto Loan Delinquencies
All Loan and No Cattle
Regulators Clarify What Credit Unions Can Tell Members About Suspicious Activity