$1,000 for Everyone! Credit One Bank $14M Robocall Settlement – Apply Now

Cases of breach of consumer rights within the banking and financial services industry are rampant. One of the recent cases concerned the Credit One Bank where it was alleged that the bank was committing a breach of the Telephone Consumer Protection Act (TCPA). The claim was that the bank had been calling customers without their consent using automated calls or robocalls. To eliminate this controversy, the bank had reached an agreement of paying a 14 million class action settlement. In case you were called on unwanted by Credit One or other bank you can be entitled to get compensations under this settlement.

Who is eligible for the settlement?

This settlement benefits consumers who received automated calls from Credit One Bank or its subsidiaries between 2014 and 2019 without their prior consent.

Eligible Class Members:

• Consumers who received automated calls from Credit One Bank or its subsidiaries.
• Calls occurred between 2014 and 2019.
• The consumer did not previously consent to contact via an automated system or pre-recorded message.

This provision ensures that only those who received calls without their consent will be eligible for compensation.

Amount and Type of Compensation

Under the settlement, eligible members may receive a cash payment. However, the amount of the payment will depend on how many claims are accepted.

Potential Benefits:

• Those who have proof of receiving robocalls can receive compensation of up to $1,000.
• If you don’t have direct evidence of the calls, you may be eligible for smaller compensation.
• Submitting documents, such as call records or phone logs, will help strengthen your claim.

This means that the more evidence you have, the greater your chances of receiving higher compensation.

How to Receive Settlement Benefits

Claim Submission Process:

• The official settlement website and claim instructions are not yet available. When this information is released, you can receive updates through the free newsletter.

Submitting Documents:

• If you have proof of receiving robocalls, such as phone records or call logs, submit them with the claim form.
• Even if you don’t have direct evidence, you may still be eligible for smaller compensation.
• It’s essential to apply immediately as soon as the claim process begins so you can receive timely compensation.

Case Information

• Case Name: Credit One Bank TCPA Class Action Lawsuit
• Settlement Amount: $14 million
• Allegations: Violation of the Telephone Consumer Protection Act (TCPA), robocalls without consumer consent
• Credit One Bank’s Response: The bank did not admit any wrongdoing but agreed to a settlement to resolve the case.

Important Updates and Further Action

The official settlement site is also not available yet and no news concerning the deadline in which claim can be made or the last hearing on its approval.

The most appropriate method to keep up to date is by subscribing to the free newsletter. You will be informed immediately when the instructions of claims filing are published.

This settlement by Credit One Bank will help one to realize that a legal action can be effective against the financial institutions when they violate the rights of consumers. This settlement can be relevant to you in case you have been made any unauthorized calls by a bank. Good records and claims made before the due date will raise your pay.

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