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Uber’s preferred car-loan partner has been illegally repossessing veterans’ vehicles

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Uber’s preferred car-loan partner has been illegally repossessing veterans’ vehicles

And it’s really perhaps maybe perhaps perhaps not Santander’s very first brush utilizing the legislation

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Yesterday, car loan provider Santander customer United States Of America consented to spend at the very least $9.35 million to eliminate the accusation it illegally repossessed over 1,100 vehicles from active armed forces workers. The business is just a close partner associated with the ride-sharing giant Uber, which funnels motorists with low credit to Santander loan officers. It is maybe maybe perhaps maybe not the company’s first brush using the legislation: the lending company holds over $40 billion in auto loans and has now over repeatedly been the main topic of unlawful investigations into its auto loan that is subprime supply. Read More