Is The Desert Financial Credit Union Settlement A Scam? Read This

Did you receive the Desert Financial Credit Union Settlement email? It is not a scam. You received the mail because you filed a claim.

Did you hear about Desert Financial Credit Union? They’re in the spotlight for allegedly charging illegal overdraft fees! They’ve agreed to pay a hefty $6 million to settle the allegations.

Who Is Eligible For The Desert Financial Credit Union Settlement

This settlement is a win for consumers who had or have a checking account with Desert Financial Credit Union. If you were charged an unrefunded overdraft fee between June 1, 2014, and Nov. 1, 2017, on a transaction that was authorized with enough balance but ended up settling with insufficient funds, you could benefit from this.

How Much Is The Settlement

Desert Financial Credit Union hasn’t admitted any wrongdoing, but they agreed to the $6 million settlement to put the overdraft class action lawsuit behind them.

If you’re part of the class members, you could get a proportional share of the net settlement fund based on the amount you paid in overdraft fees. Unfortunately, we don’t have payment estimates yet, but it’s still a positive development for those affected by these overdraft charges.

How To File A Claim

There’s no info on how much money you’ll get.

If you want to exclude yourself, do it by July 14, 2023. If you want to object, do it by Aug. 18, 2023.

The final decision will be on Aug. 18, 2023.

You don’t need to fill out any form to get money. If you got a notice, you’ll receive your pay automatically if you don’t opt out. You can click here to access the settlement website.

Conclusion

In conclusion Dominique v. Desert Financial Credit Union, Case No. CV2020-053959, class action lawsuit is not a scam. Just like Instagram BIPA class action. Desert Financial Credit Union charged wrong fees for transactions with enough money. These transactions ended up with not enough money, and that’s why they added overdraft fees.