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New Member
Foreman500
Posts: 8
Registered: ‎09-14-2012

Santander consumer

Any info on this company is appreciated. How easy are they to get auto finance for poor credit?  Intrest rate?  Thanks for the info

Regular Contributor
jtc411
Posts: 169
Registered: ‎03-29-2012

Re: Santander consumer

They deal specifically with poor credit.  I've seen people get financed for up to 30%.  I had below average credit and got 16 percent


Starting Score: EQ 619
Current Score: EQ 735, TU 732, EX 745(Lender Pulled)
Goal Score: EQ 700


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Regular Contributor
aplast
Posts: 150
Registered: ‎06-20-2012

Re: Santander consumer

I have had an auto loan with santander and they were there when my credit was bad, but everytime you login to make an online payment it costs 10.95. Crazy.... I was at 18 percent on my loan before i refinanced with a credit union. They get a really bad rap in the comunity - and i was embarassed to tell anyone who it was financed through. If it is your last resort I would say go for it and refinance when your credit improves!

American Express Green - NPSL, Sams Club Discover - 4000, Paypal Smart Connect - 4000, Capital One - 3500, Barclaycard Visa - 2500, Walmart - 1500, Discover IT - 1000, Ashley Furniture Home Store - 1000, Care Credit - 1000.
Frequent Contributor
AZHeather
Posts: 304
Registered: ‎04-26-2012

Re: Santander consumer

If you type in Santander in the search bar right under the orange letters at the top right of the screen, you can see what people have to say about them.


Starting Score: 634 EQ-FICO (4/20/12) 579 EX-FAKO (4/30/12) 629 TU-FICO (5/6/12)
Current Score: 698 EQ-FICO (11/26/12) 705 EX-(11/21/12) 698 TU-FICO (11/26/12)
Goal Score: 720 (for starters)


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New Member
Foreman500
Posts: 8
Registered: ‎09-14-2012

Re: Santander consumer

Thanks azheather, just saw it. Im new to the forum scene

Frequent Contributor
AZHeather
Posts: 304
Registered: ‎04-26-2012

Re: Santander consumer


Foreman500 wrote:

Thanks azheather, just saw it. Im new to the forum scene


Welcome!  Everyone here is extremely helpful and supportive, so don't be afraid to ask questions. 

Good Luck!


Starting Score: 634 EQ-FICO (4/20/12) 579 EX-FAKO (4/30/12) 629 TU-FICO (5/6/12)
Current Score: 698 EQ-FICO (11/26/12) 705 EX-(11/21/12) 698 TU-FICO (11/26/12)
Goal Score: 720 (for starters)


Take the FICO Fitness Challenge ~ In the garden until June 2013!
Regular Contributor
dobirdsmommy
Posts: 219
Registered: ‎02-29-2012

Re: Santander consumer

I have them. Been with them since 10/11/2011, still with them. I pay 19% interest.  They gave me credit when no one else would I was in the 400's. I had to put 1800 down on my 2010 Versa SL.  I will refi in Nov/Dec. Yes the 10.95 is a pain but that can be avoided if you set up direct debit.

Wallet:ME: 750 Cap One, 5k Quicksilver/rewards, 750 Capital one 2000 FH, Santander Car 10k/15k, Chase Auto Loan 13/16k, VS 750, BH 760, Express 750, Avenue 750, JCrew 500, HSN 670, Roamans 500, Jessica London 500, kings direct 500, Buckle 500, OSP 750, WW 750, Solutions 500, Blair 500.. baddies: 1 Cap 1 CO 08, 2 FP CO 08, 2 HSBC CO 08, EXP 2 state tax liens 1 fed, EQ 1 fed tax lien, TU 1 state 1 fed tax lien.
DH: 750 Cap One 750 Cap One 750 capital one fh 2000, AU - VS, BH, HSN, QS 5k
Regular Contributor
aplast
Posts: 150
Registered: ‎06-20-2012

Re: Santander consumer

you know, looking back on things I should have joined a credit union to start out with. Even wells fargo denied me for auto financing... and i have a 679 transunion. after having santander - I paid on a loan for a year and paid down the principal by only 1000 bucks. after making 12 - 400 dollar payments. I could have bypassed all of this mess had a joined a CU right away. just my .02

American Express Green - NPSL, Sams Club Discover - 4000, Paypal Smart Connect - 4000, Capital One - 3500, Barclaycard Visa - 2500, Walmart - 1500, Discover IT - 1000, Ashley Furniture Home Store - 1000, Care Credit - 1000.
Regular Contributor
dobirdsmommy
Posts: 219
Registered: ‎02-29-2012

Re: Santander consumer

WF denied me last year too.  I guess I have been lucky enough that my principal has gone down more the 1k in the 11 months I have had it. It is now at 1400 paid down in 11 months. I have been paying 350.50.

Wallet:ME: 750 Cap One, 5k Quicksilver/rewards, 750 Capital one 2000 FH, Santander Car 10k/15k, Chase Auto Loan 13/16k, VS 750, BH 760, Express 750, Avenue 750, JCrew 500, HSN 670, Roamans 500, Jessica London 500, kings direct 500, Buckle 500, OSP 750, WW 750, Solutions 500, Blair 500.. baddies: 1 Cap 1 CO 08, 2 FP CO 08, 2 HSBC CO 08, EXP 2 state tax liens 1 fed, EQ 1 fed tax lien, TU 1 state 1 fed tax lien.
DH: 750 Cap One 750 Cap One 750 capital one fh 2000, AU - VS, BH, HSN, QS 5k
Established Contributor
westo12
Posts: 578
Registered: ‎07-20-2008

Re: Santander consumer

Santander is ok if you are credit challenged.  I received a 5 yr $20k 12.9% with an auto enhanced score of 605 I think.  Wish I'd gone the CU route however.  Hoping to refi around Dec of this year.  They are ok, if you pay on time and you can skirt the payment fee with auto pay.

2014 Starting-618, current TU614/EX653/EQ600 (WalmTU 6/3,Prosper, CLI decline ltr) / Ending Goal score: 720 - 25 pos TLs / Baddies: 1 unpd $312 med CA, 2/30 day auto lates almost 2yrs old /Install Bal/Lim: 19238/28512 | Revolving Bal/Lim: 12570/21824=61%util.

**IN the garden until I get some auto CLI's on major accts**

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