Santander rejected so you can touch upon particular questions away from CR in regards to the allegations, however, said inside the a statement that it’s an excellent “in charge lender” working when you look at the a very managed ecosystem.
“I beat the users as some one, troubled locate alternative funding alternatives that work across an over-all range of revenue and you may credit scores,” told you Laurie Kight, a friends spokesperson. “If the consumers fall behind with the payment, i seek to promote choices to help them look after its vehicles, and additionally loan variations and you can fee deferments, as repossession is always a last lodge.”
“Credit Greet has been in providers for almost half a century just like the we provide financial support apps by way of auto traders across the country enabling credit-challenged and you will borrowing from the bank-invisible users to invest in vehicle and build otherwise rebuild their borrowing,” the organization said in an announcement to help you CR.
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