It’s Official — Credit One Bank to Pay $14 Million in Robocall Settlement — Check Eligibility For $1,000 Payment
Credit One Bank will pay $14 million to settle claims of illegal robocalls, potentially awarding up to $1,000 to eligible individuals.Summary
Credit One Bank has reached a $14 million settlement regarding allegations of violating the Telephone Consumer Protection Act (TCPA) by making robocalls without proper consent between 2014 and 2019. The settlement applies to individuals contacted by Credit One Bank or its affiliates, even those who were not customers. Claimants may receive up to $1,000, with the amount depending on the number of claims and supporting evidence like call logs and phone bills.
The legal action stemmed from complaints about automated calls for debt collection and other purposes. While Credit One Bank did not admit wrongdoing, the settlement provides compensation for affected consumers and covers legal fees. The exact distribution of funds will be determined after the claim period closes and the court approves the settlement.
Currently, the claim portal is not yet open. Individuals who believe they were affected are advised to gather documentation and monitor trusted class action websites for updates regarding the filing deadline and claim instructions. This settlement underscores the importance of consumer consent regarding automated calls and serves as a warning to companies regarding TCPA compliance.
(Source：easi.cc)