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CT: Santander to return $2.9M to patrons

The state Department of Banking says the consumer-finance unit of Spanish bank giant Banco Santander S.A. will return or waive $2.9 million in interest, fees and penalties to customers whose vehicles were repossessed and disposed of under questionable circumstances.
Banking Commission Jorge L. Perez announced Tuesday that Santander Consumer USA agreed to the settlement and to pay a $100,000 fine. The lender also agreed to abide by Connecticut&rsquo ...

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