Press Room

March 10, 2011 Consumers can apply for a loan directly from their mobile device; RoadLoans.com is now accessible on iPhone and Android™ devices [DALLAS, Texas – March 10, 2011] – Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans brand, has released its second free mobile application for consumers shopping for automobiles – this...

February 1, 2011 Streamlined site features more tools for car buyers, including instant loan approval [DALLAS, Texas – February 1, 2011] – Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans brand, has launched its next-generation Web site. Designed around the online car shopper, the site features an abundance of online tools to help...

January 10, 2011 Consumers can apply for a loan directly from their mobile device [DALLAS, Texas – Janurary 10, 2011] – Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans brand, has released its first free iPhone application for consumers shopping for automobiles. RoadLoans is a leading Internet auto lending program that allows consumers...

June 24, 2010 [DALLAS, Texas – June 24, 2010] – Santander Consumer USA (“Santander”), an affiliate of Banco Santander, has reached an agreement with Citi to purchase $3.2 billion of CitiFinancial Auto’s auto loan portfolio. In addition, Santander and Citi have entered into an agreement under which Santander will service a portfolio of approximately $7.2 billion of auto...

January 18, 2010 MADRID – In Santander City the functional is exalted and the fancy eschewed. The bank runs the same way, thanks to Botín’s commitment to banking’s stodgiest virtues: conservatism, patience and the sort of loans that don’t need to be sliced and diced into nonsensical instruments like those that caused the meltdown on Wall Street. Botín...

November 16, 2009 FORT WORTH, Texas —Digital Recognition Network (DRN), a provider of asset location technology and services, announced that Santander Consumer USA (SC USA) has selected DRN to provide license plate recognition (LPR) technology and services to aid in recovering targeted vehicle assets.

November 19, 2008 ATLANTA, GA – November 19, 2008 – MagnumTM, a leader in credit data access, analysis and decision applications, announced that Santander Consumer USA Inc. (SC) has selected Magnum’s Service Bureau for its loan scoring and decision management platform. Santander Consumer USA, a leader in automotive finance, was looking for ways to improve its scoring, decision...

October 23, 2008 [PHILADELPHIA, Oct. 23, 2008] – VINtek, a provider of automotive collateral management services and direct auto finance solutions for banks, credit unions and other automotive finance lenders, announced that Dallas-based Drive Financial Services, d/b/a Drive Financial, a nationwide lender with a $6.2 billion non-prime auto portfolio and relationships with approximately 12,000 dealers in all 50...

October 9, 2008 October 9, 2008 – Spain’s banks appear to be immune to the global financial crisis, and one in particular is even taking advantage of it and buying up banks in trouble. At Banco Santander in the Madrid suburb of Colmenar Viejo, a long line of customers includes senior citizens, a Moroccan immigrant applying for a...

October 1, 2008 October 1, 2008 -As financial institutions worldwide struggle to stay afloat, Banco Santander (STD) — now the euro zone’s largest bank by market value — is emerging as one of the few winners in the global economic crisis. With no exposure to toxic U.S. subprime assets, a diversified business spread across Europe and the Americas,...