Santander Consumer USA ups ACL, increases Chrysler Capital originations
Santander Consumer USA joins more than eight other lenders in upping its allowance for credit losses on a quarterly basis ...
Tag: Santander Bank
Asbury Automotive amends $1.5b credit facility
Asbury Automotive has “amended and reinstated” its five-year, $1.45 billion syndicated senior credit facility, the company announced on Wednesday. The ...
FBI uncovers 5-year dealer fraud scheme
The Federal Bureau of Investigation has uncovered a fraud scheme perpetrated by a Charleston, S.C.-based dealership, Hoover Mitsubishi, spanning nearly ...
Consumer Advocates Call on Regulators to Clamp Down on Discriminatory Auto Lending
Consumer advocates proposed prohibiting dealer markups and increasing federal oversight to combat alleged discriminatory indirect lending practices, in a U.S. House ...
