RoadLoans® launches car-financing application for the iPhone | Car Loans Made Easy

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 to apply for and receive financing for new and used vehicles via the Web.

Available for free download from iTunes or the Web site, the app is built with auto finance customers in mind. The iPhone Car Loan Calculator combines a monthly car payment estimate with an online auto loan application.

RoadLoans iPhone Car Loan AppConsumers shopping for an auto loan can conveniently calculate what their monthly payment might be by using four sliders that offer customization for the loan amount, Annual Percentage Rate ("APR"), loan term (months) and down payment amount. If consumers like what they see they can apply for financing right from their mobile device.

At the application screen, a user can apply for a new or used car loan, or refinance an existing car loan. RoadLoans sends a loan decision within minutes to the applicant's e-mail address. If the consumer is interested in buying a car, they are then matched with a RoadLoans preferred dealer located near the consumer's home address, which helps with vehicle selection and finalizing the loan documents.

" represents true convenience for customers who may prefer alternatives to 'traditional' methods of car shopping," says Lana Johnson, vice president of loan originations for Santander Consumer USA. "Our mobile application for the iPhone helps consumers—even those with less than perfect credit—understand what their loan might look like before they ever visit a dealership. This information helps consumers make an informed purchase."

Get more information the RoadLoans iPhone app.

Download the RoadLoans iPhone app directly from the iTunes Store.

Learn more about car loans or auto refinance or apply for a loan online at

iPhone and iTunes are trademarks of Apple.

About Santander Consumer USA Inc.
Santander Consumer USA Inc., owner of the RoadLoans brand, is a leading company in the automotive finance sector, whose core business is indirect, direct and third-party originations and servicing of auto loans. The company has a serviced auto loan portfolio of more than $25 billion and relationships with nearly 13,000 dealer partners in the U.S. The company began originating loans in 1997 and is headquartered in Dallas.

Santander Consumer USA is a unit of Banco Santander (SAN.MC, STD.N, BNC.LN), the Spain-based retail and commercial bank with a presence in 10 main markets in Europe and the Americas. At the end of 2009, Santander was the largest bank in the euro zone by market capitalization and fourth in the world by profit, EUR 8.94 billion. Founded in 1857, Santander had EUR 1,245 billion in managed funds at the end of 2009. Santander has 92 million customers, 13,660 branches – more than any other international bank – and 170,000 employees.

Media Relations

Laurie Kight | Santander Consumer USA Inc. | 214-237-3690

Banco Santander S.A. and Santander Consumer USA Inc. advise that this news release may contain representations regarding forecasts and estimates. Said forecasts and estimates may include, among others, remarks on the development of future business and future returns. Although these forecasts and estimates represent our opinions regarding future business expectations, perhaps certain risks, uncertainties and other relevant factors may lead the earnings to be materially different from what is expected. Included among these factors are (1) the situation of the market, macroeconomic factors, regulatory and government guidelines, (2) variations in domestic and international stock exchanges, exchange rates and interest rates, (3) competitive pressure, (4) technology developments, (5) changes in the financial position and credit standing of our customers, debtors or counterparts. The risk factors and other fundamental factors that we have stated could have an adverse effect on our business and on the performance and earnings described and contained in our past reports, or in those that we shall present in the future, including those filed with regulatory and supervisory entities, including the Securities Exchange Commission of the United States of America.