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LasDavis

Secured Transaction Auto Loan - Direct Financing

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Purchased car from Carmax with direct financing from Santander consumer usa. 

 

I applied directly with Santander and Was given an approval that consisted on a voucher with carmax name printed "Pay to order of", a "Note and security agreement" between myself and Santander.

 

A bill of Sale was generated by carmax. 

 

I purchased the car and title was transferred from carmax to Santander.

 

About a month later carmax said they weren't paid for the car. I tried to make payments but no one would take the payments. Carmax wanted the full amount. 

 

Then about a year later. Me still in possession of the car. Santander released title and then carmax somehow got the title back in there name. 

 

They repossessed the car. 

 

What are my options. 

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