$1,000 for Everyone Credit One Bank $14 Million Settlement 2025 – Check Are you in the List

Credit One Bank is facing a significant legal issue regarding robocalls made to thousands of individuals between 2014 and 2019. These calls, made without prior consent, have now led to a $14 million class-action settlement.

The case revolves around violations of the Telephone Consumer Protection Act (TCPA), which safeguards consumers from unsolicited robocalls. Affected individuals now have the opportunity to file a claim for compensation as part of the settlement.

Legal Background and Allegations Behind the Settlement

The issue began when Credit One Bank allegedly used automated dialing systems and prerecorded voice messages to contact individuals without their consent.

This practice violated the Telephone Consumer Protection Act (TCPA), a law enacted in 1991 to protect consumers from unwanted robocalls and texts, particularly on cellphones. According to the lawsuit, the bank contacted both existing customers and people with no relationship to Credit One, many of whom had never authorized such calls.

Rather than proceeding to trial, Credit One Bank agreed to settle the case for $14 million. Although the company denies any wrongdoing, the settlement will provide financial compensation to eligible individuals who were affected by these calls.

Financial Overview of the $14 Million Fund

The $14 million settlement fund is set aside to cover various expenses, including payments to eligible claimants, attorney fees, administrative costs, and other litigation-related expenses. After these costs are deducted, the remaining funds will be distributed among individuals who submit valid claims.

The payout for each person will depend on how many claims are filed and whether claimants provide supporting evidence. Those who have documentation, such as phone logs or billing statements showing the unsolicited calls, may receive higher payments. However, documentation is not required, and people without proof can still receive a portion of the remaining settlement funds.

Who Can File a Claim and What Qualifies

To be eligible for compensation, individuals must meet certain conditions:

• Received Robocalls: You must have received an automated or prerecorded robocall from Credit One Bank or its affiliates between 2014 and 2019.
• No Prior Consent: You must not have given prior consent to receive these types of calls.
• Phone Ownership: You must be able to verify ownership of the phone number that received the calls during this period.

Even if you were not a customer of Credit One Bank, you may still be eligible for compensation, as many of the calls were mistakenly directed to incorrect numbers or people who had no relationship with the bank.

How to Submit a Claim and What You Need

Once the court approves the settlement, a dedicated website will be set up for individuals to submit their claims. Here’s what you will need to submit:

• Personal Information: Your full legal name and contact details.
• Phone Number(s): The phone number(s) that received the robocalls.
• Call Dates: Any known dates or time periods when the calls occurred.
• Documentation: Optional but helpful, such as phone records or billing statements.
• Affidavit: A declaration under penalty of perjury confirming the truthfulness of your claim.

If you’ve received an official notice with a unique Claim ID, you may be able to submit a faster, pre-filled claim.

Payment Timeline and Expected Disbursement Dates

The settlement process will take time, as claims will need to be reviewed and verified before payments are made. Here’s the general timeline:

While delays may occur, the process generally follows this timeline. Claimants are encouraged to stay updated by checking the official settlement website or looking out for notifications.

Next Steps for Eligible Individuals

This settlement provides a valuable opportunity for those who were affected by Credit One Bank’s robocalls. If you meet the eligibility criteria, here’s what you should do:

1. Monitor for Notices: Keep an eye on your email and mailbox for official settlement notifications.
2. Gather Documentation: Collect any relevant phone records or proof of the unsolicited calls.
3. Submit Your Claim: Once the settlement website is live, submit your claim using the necessary information.
4. Select Payment Method: Choose your preferred method for receiving your payout.

By taking action, eligible individuals can ensure they receive compensation and affirm their rights against invasive robocalling practices.

The $14 million class-action settlement with Credit One Bank is a significant outcome for individuals affected by unsolicited robocalls. Though the bank denies wrongdoing, the settlement will provide much-needed compensation to eligible individuals who were disturbed by these intrusive calls.

If you received a robocall from Credit One Bank between 2014 and 2019, make sure to check your eligibility and submit a claim to receive compensation.

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