RoadLoans.com® Adds Mobile Loan Application for Android™ Smartphones

DALLAS, March 10, 2011 /PRNewswire/ -- Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans.com brand, has released its second free mobile application for consumers shopping for automobiles – this time with an app for phones that run the Android operating system. The release for Android phones follows the launch of a RoadLoans.com app for the iPhone in January. RoadLoans.com is a leading Internet auto lending program that allows consumers to apply for and receive financing for new and used vehicles via the Web. The company specializes in financing consumers with less-than-perfect credit.

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Available for free download at RoadLoans.com or through the Android Market, the app is built specifically for consumers who are shopping for auto financing. The mobile Car Loan Calculator makes it possible for consumers to estimate and customize their monthly auto loan payment, and then apply for financing directly from their mobile device.

Consumers 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 immediately.

Finance application options include new or used car loans, or the refinancing of an existing car loan. Once a finance application is made using the mobile app, RoadLoans.com 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.com dealer located near the consumer's home address, which helps with vehicle selection and finalizing the loan documents.

"RoadLoans.com is leading the way in bringing auto financing and car buying to consumers who use their mobile phones to make banking and purchasing decisions," says Lana Johnson, vice president of loan originations for Santander Consumer USA. "Research continues to show that more consumers start their car buying experiences online, and by expanding the RoadLoans.com mobile application to Android phones, we can help even more consumers have a new kind of car buying experience."

Learn more and download the free Car Loan Calculator Application by visiting:

https://www.roadloans.com/Android-Payment-Calculator-App.aspx

Or, download the app through the Android Market at:

http://market.android.com/search?q=roadloans

Android and Android Market are trademarks of Google, Inc. iPhone is a trademark of Apple Inc.

About Santander Consumer USA Inc.

Santander Consumer USA Inc., owner of the RoadLoans.com 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 approximately $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), a retail and commercial bank, based in Spain, with a presence in 10 main markets. At the end of 2010, Santander was the largest bank in the euro zone and 10th in the world by market capitalization. Founded in 1857, Santander had at year-end EUR 1,362 billion in managed funds, more than 95 million customers, 14,082 branches – more than any other international bank – and 179,000 employees. It is the largest financial group in Spain and Latin America. Furthermore, it has relevant positions in the United Kingdom, Portugal, the U.S. northeast and, through its Santander Consumer Finance arm, in Germany and Poland. Santander registered EUR 8,181 million in net attributable profit in 2010.

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.

SOURCE Santander Consumer USA Inc.