Is The NetSpend Prepaid FTC Settlement Legit?
Did you receive the NetSpend Prepaid FTC Settlement email? It is not a scam. You received the mail because you filed a claim.
In case you’ve forgotten, The Federal Trade Commission (FTC) is refunding money to individuals who experienced difficulties accessing funds on their NetSpend prepaid debit cards.
Who Is Eligible For The NetSpend Prepaid FTC Settlement
he settlement provides advantages to individuals who obtained a NetSpend card between January 1, 2010, and August 31, 2016, who did not activate the card prior to August 31, 2016, and who experienced deductions of fees from their card balance.
As per the FTC, NetSpend rejected or delayed the activation of its prepaid debit cards, resulting in consumers being unable to utilize their prepaid funds. Furthermore, NetSpend purportedly imposed fees on consumers, thereby reducing the balances on their prepaid cards.
How Much Is The Settlement
According to the FTC, NetSpend reportedly refused or postponed the initiation of its prepaid debit cards, leading to consumers being unable to access their prepaid funds. Additionally, NetSpend allegedly imposed charges on consumers, resulting in a reduction of their prepaid card balances.
NetSpend has reached a settlement to resolve the lawsuit filed by the FTC. In June 2022, the FTC distributed refund checks totaling over $10 million to over 430,000 consumers.
Currently, the FTC is now accepting claim forms from consumers who have not yet received a refund payment in order to disburse the remaining funds.
How To File A Claim
If you want to get a settlement payment. Make sure to fill out a valid claim form by Sept. 21, 2023 .That’s the deadline, so don’t miss it!
If you are eligible for the claim click here
Conclusion
In conclusion FTC v. NetSpend Corp., Case No. 1:16-cv-04203-AT class action lawsuit is not a scam. Just like Optinum studilink settlement The Federal Trade Commission (FTC) is refunding money to individuals who experienced difficulties accessing funds on their NetSpend prepaid debit cards.
