Santander Consumer USA Car Financing
in Auto Loans from Santander BankUnaffiliated
Santander Consumer USA Car FinancingUnaffiliated
in Auto Loans from Santander Bank
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Santander Consumer USA Car Financing Review
Santander Consumer USA Car Financing is offered by Santander Bank, a bank founded in 1857 and based in Wilmington, DE. Santander Consumer USA Car Financing is available in 48 states (and Washington, DC).
How much can you borrow via Santander Consumer USA Car Financing?
Santander Consumer USA Car Financing auto loan amounts start at $5,000 and go up to $75,000.
What APR does Santander Consumer USA Car Financing offer on its auto loans?
Santander Consumer USA Car Financing offers an auto loan product that ranges from 1.99% APR.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
What is the maximum loan term you can get with Santander Consumer USA Car Financing?
Santander Consumer USA Car Financing has auto loans with a maximum term of 72 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.
Does Santander Consumer USA Car Financing charge an origination fee?
Yes, Santander Consumer USA Car Financing may charge a loan origination fee.
Does Santander Consumer USA Car Financing charge a late fee?
Yes, Santander Consumer USA Car Financing charges borrowers with a late payment penatly fee
Does Santander Consumer USA Car Financing charge prepayment fees?
Yes, Santander Consumer USA Car Financing does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.
Can I pay off early my Santander Consumer USA Car Financing loan?
Yes, you can. However, Santander Bank charges a prepayment fee if you pay your auto loan early. This fee could reduce or eliminate the savings from paying the auto loan early.
What do you need to qualify for Santander Consumer USA Car Financing?Applicants with a credit score of at least 650 and up to 850 are eligible for Santander Consumer USA Car Financing. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
Santander Consumer USA Car Financing does not have or does not disclose a minimum annual income eligibility requirement. Santander Consumer USA Car Financing only considers borrowers who are employed.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Santander Consumer USA Car Financing. Their rates fall within the limits of The Military Lending Act.
Permanent resident / green card holders are also eligible to apply.
To qualify, applicants may need to provide the following documentation:
- Driver's license
- Proof of citizenship or residence permit
What is the estimated funding time for an auto loan via Santander Consumer USA Car Financing?Santander Consumer USA Car Financing will typically approve (or deny) an auto loan application within 24 hours and fund the loan within 7 business days of approval.
824 North Market Street, Ste 100
Wilmington, DE 19801 USA
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Other Services by Santander Bank
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|Employment Statuses Considered||
|Immigration Status Considered||U.S. Permanent Resident|
|Joint Loan Applications Accepted||Cosigner|
|Maximum Vehicle Age||7|
|Verification Documents Required||
|Credit Score Range||
650 - 850
|Loan Amount||$5,000 - $75,000|
|APR||Starting at 1.99%|
|Loan Term||Up to 72 months|