Lending overcharges lead to average $11,000 repayments to consumers

Lending overcharges lead to average $11,000 repayments to consumers

BOSTON – Hundreds of Bay State motorists are about to get some good news as Santander Bank plans to pay an average of $11,000 in restitution for overcharges on some subprime auto loans, according to Massachusetts Attorney General Maura Healey.

In a settlement filed in Suffolk Superior Court, the bank's auto finance unit agreed to settle state claims that consumers with poor credit paid excessive interest on car loans. In a statement, Healey said more than 450 "economically disadvantaged consumers" in Massachusetts will share $5.4 million in restitution, with amounts averaging $11,000 each.

Christie, Huckabee polls relegate both to undercard debate
new hampshire

Christie, Huckabee polls relegate both to undercard debate

Associated Press

NEWARK, N.J. (AP) — Two candidates who have been part of each of the prime-time Republican debates so far, Chris Christie and Mike Huckabee, have been demoted to next week's undercard event because of low national poll numbers, delivering a major blow to their campaigns.

It could be worse. George Pataki and Lindsey Graham won't appear in either televised debate Tuesday on the Fox Business Network. The cable news channel limited participation in the main event in Milwaukee to just eight candidates and to just four in the earlier debate.

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