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Santander Consumer Usa ORR

Santander Consumer Usa ORR

Santander Consumer Usa

Santander Consumer USA, a division of the global bank, creates online tools and offers a range of financial advice to help consumers manage their cash flow and debts.

Business

is a Dallas, Texas-based consumer finance company focused on vehicle finance and unsecured lending. Its core business is indirect, direct and third-party generation and servicing of loans. With its Drive (Source:

Whether you’re a private individual or a business customer. Whether you choose two wheels or four. Or maybe life on the road in a motorhome or a caravan is for you? We’ve got all the options covered with a wide range of finance options, all designed to be flexible and to meet your needs. (Source: www.santanderconsumer.co.uk)

Santander Consumer USA President and CEO, Mahesh Aditya, said, “Dealers are our lifeblood and this ambitious step forward in our digital journey will make Santander Consumer easier to do business with and will allow dealers to complete transactions faster. Giving dealers a state-of-the-art tool to self-service the loan decisioning process – while interacting in real time with consumers across all spectrums of credit – will be a strategic differentiator for SC.” (Source: www.santander.com)

Santander Consumer USA Holdings Inc. is the holding company for Santander Consumer USA Inc. (SC Illinois), and its subsidiaries, a consumer finance company focused on vehicle finance and third-party servicing and delivering service to dealers and customers across the full credit spectrum. The Company operates through one reportable segment, Consumer Finance, which includes the Company’s vehicle financial products and services, including retail installment contracts, vehicle leases, and financial products and services related to recreational vehicles and marine vehicles. The Company’s primary business is the indirect origination and servicing of retail installment contracts and leases, principally, through manufacturer-franchised dealers in connection with their sale of new and used vehicles to retail consumers. The Company also originates vehicle loans through a Web-based direct lending program, and purchases vehicle retail installment contracts from other lenders. (Source: www.reuters.com)

 

 

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