Santander Consumer USA Inc. has agreed to pay at least $9.35 million to resolve a lawsuit by the U.S. Department of Justice alleging that the motor vehicle lender violated the Servicemembers Civil Relief Act (SCRA).
The settlement covers the improper repossessions of 1,112 motor vehicles between January 2008 and February 2013. The proposed consent order represents the largest settlement for illegal automobile repossessions ever obtained by the United States under the SCRA.
The complaint and the…
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