Santander Consumer USA Hurt My Credit

Santander Consumer USA Hurt My Credit

I owned a 2010 Kia Sorento which was paid in cash (full price) deal and in 2015, I was at a Kia dealer to service my car. A salesman came to me and offered a good deal which included my 2010 Kia Sorento as a down payment which was around $12,000. I told the salesman that I couldn’t afford high payments on my new 2016 Kia Sorento. After my first 45 days, the honeymoon was over. My first payment was almost $500.00 a month. I didn’t have a great credit score but I was assured that my payments would not be high. I asked for the name of the finance company, and I was told it was Santander. Well for serval years, I struggled with the payments and even giving them partial payments, as well as moving a couple of the payments to the end of the loan. Finally I gave up and the car was reposed last year. They sold the car in auction and told me that I still owed them the balance of the loan. The amount that is and has been on my credit report is a little over $12,000. Please help me, I don’t think that I should be held responsible for the loan given that Santander boosted their rates so that I couldn’t afford my car, whereby allowing them to get paid more money than they truly deserve. I would very much like this negative notice with Santander’s name on it. If I could get some money back from them, well that would be nice too.

What would you like the company to do to fix the problem?
Please remove the negative report off my credit report. If at all possible, I could receive a refund for the amount that Santander charged me over the set amount.

Submitted by: Anonymous in Ohio | Read more Santander Consumer USA complaints

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