My question involves an auto loan or repossession in the State of: CA
Everything I've read online says that I cannot make a lump sum payment on my charged off auto loan account except to pay the entire loan balance in full. But the bank I have my auto loan with, (Santander Consumer USA) told me to pay $2,351.98 to get my account in good standing again even though my loan balance is over $10,000. The bank said once I make this lump sum payment I can start making my monthly payments again. I was worried about paying them this large amount of money and then have them repo my car anyway. But then I spoke to a friend who has an auto loan with the same bank and was in my exact same situation and she paid what they asked and is making her monthly payments and her car has not been repo'd. Is what this bank is doing legal?

