Top Class Actions’s website and social media posts use affiliate links. If you make a purchase using such links, we may receive a commission, but it will not result in any additional charges to you. Please review our Affiliate Link Disclosure for more information.
This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
Santander Bank agreed to pay $800,000 to resolve claims it charged unlawful convenience fees when consumers paid their car loans over the phone or online.
The settlement benefits individuals who had a car loan with Santander in Texas and paid a convenience fee when making a car payment over the phone, internet or through interactive voice response since Jan. 13, 2016.
Santander Bank, formerly known as Sovereign Bank, is a Pennsylvania-based bank that has expanded into nine other states. The bank boasts 149 million customers across the world, $67.1 billion in U.S. deposits and $89.5 billion in U.S. assets.
According to a class action lawsuit, Santander violated the Texas Debt Collection Act (TDCA) by charging convenience fees to consumers making loan payments online or over the phone. These fees allegedly added up to $10.95 to payment amounts.
Plaintiffs in the class action lawsuit claim Santander’s “pay-to-pay” fees violate the TDCA, which prohibits collecting interest or additional fees on debts unless those fees are “expressly authorized” or “legally chargeable.” The fees charged by Santander are allegedly neither expressly authorized by account agreements or legally chargeable under Texas law.
The class action lawsuit also challenges Santander’s representation of these fees. Santander allegedly represents the pay-to-pay fees as a payment to a third party payment processing company. In reality, Santander pockets “nearly the entire amount” of the fees, the class action lawsuit contends.
Santander Bank hasn’t admitted any wrongdoing but agreed to pay $800,000 to resolve these allegations.
Under the terms of the settlement, class members can receive a cash payment.
Payments will vary depending on the amount each class member paid in convenience fees. Class members who paid a higher amount in convenience fees will receive a larger share of the settlement fund. No payment estimates are available.
If the settlement is approved and no appeals are filed, payments are estimated to be sent around Dec. 26, 2022.
The settlement also provides credit repair benefits. Santander will request that credit bureaus delete related information from credit reports within 60 days of the settlement effective date.
If funds remain after the distribution of settlement payments, the money will be donated to Arkansas Jump$tart Coalition — a nonprofit organization which aims to improve financial literacy amongst young Arkansans.
The deadline for exclusion and objection is Aug. 29, 2022.
The final approval hearing is scheduled for Oct. 13, 2022.
No claim form is required to benefit from the settlement.
Who’s Eligible
The settlement benefits individuals who had a car loan with Santander in Texas and paid a convenience fee when making a car payment over the phone, internet or through interactive voice response since Jan. 13, 2016.
Potential Award
TBD
Proof of Purchase
No proof of purchase applicable
Exclusion and Objection Deadline
08/29/2022
Case Name
Wilson, et al. v. Santander Consumer USA Inc., Case No. 4:20-cv-00152-KGB, is pending in the U.S. District Court for the Eastern District of Arkansas
Final Hearing
10/13/2022
Settlement Website
Claims Administrator
Frenzetta Wilson et al. v. Santander Consumer USA Inc.
c/o JND Legal Administration
P.O. Box 91451
Seattle, WA 98111
844-202-9491
Class Counsel
Randall K Pulliam
Lee Lowther
CARNEY BATES & PULLIAM PLLC
Defense Counsel
K Issac deVyver
Benjamin Sitter
MCGUIREWOODS LLP
Read About More Class Action Lawsuits & Class Action Settlements:
- St. Louis County FTA fees $825K class action settlement
- Waste Pro unlawful environmental fees $10M class action settlement
- AT&T administrative fees $14M class action settlement
- Greenville Utilities Commission Fees $1.6M Class Action Settlement
ATTORNEY ADVERTISING
Top Class Actions is a Proud Member of the American Bar Association
LEGAL INFORMATION IS NOT LEGAL ADVICE
Top Class Actions Legal Statement
©2008 – 2024 Top Class Actions® LLC
Various Trademarks held by their respective owners
This website is not intended for viewing or usage by European Union citizens.
136 thoughts onSantander Bank convenience fees $800K class action settlement
yes add me i have a car loan from them
I Had a car loan with them years ago
Add me
I got charged many fees.
Can I please be added . Melissa brown
I’m in debt with Santander Usa because of false information on a car loan & drowning to find My Way Out/Up. Thank You in Advance
I had car loan with Santander and made payments I had to pay for on phone.
What about the other states that paid by phone and online. They charged us too. Can you start another and include us?
This was the worse auto loan experience I ever had. They do owe us something.
Please add me.
I have a car loan since 2917.
My mom is on the loan and
she passed away from Covid. I am buried in fees and my credit score ruined trying to get this loan current thus vehicle is my only transportation.
Please add me on to this lawsuit claim
yes hello please add me never gotten anything to apply for the settlement
Add me. I feel like I am being scammed by them
Please add me I have had two car payments with Santana since 2014!
Add me
Add me
Me too I got a car lloan from them
add me please. I hate this bank