Capital One Bank Settlement 2024: What You Need to Know About the Payout Date!
Hey there! Did you hear about the Capital One Bank settlement for 2024? If you’ve been affected by the infamous 2019 data breach, this blog post is going to give you all the juicy details you need about the expected payout date and much more. So, let’s dive right in!
What’s This Lawsuit All About?
Back in July 2019, Capital One revealed that it had been hit by a massive cyberattack, compromising the personal information of around 98 million U.S. consumers! 😱 We’re talking names, addresses, credit scores, Social Security numbers—the whole deal. As a result, numerous lawsuits were filed, leading us to the big settlement we’re all anxiously waiting for in 2024.
Am I Eligible for the Settlement?
Good question! You’re eligible if:
- Your data was breached in 2019 due to the Capital One cyberattack.
- You’re a U.S. resident whose information was accessed.
- You received a notice about the settlement.
If you tick all these boxes, congrats! You’re likely in line for some compensation. 🎉
How Much Can You Expect to Get?
The total settlement amount is a whopping $190 million, which will be divided among approximately 98 million people. Doing the math, you can expect up to $25,000 per claimant. However, be aware that legal fees and other deductions might come into play, so the final amount could be less.
When Will You Get Paid?
Now for the moment you’ve been waiting for—when will you see that money in your bank account? While the specific date hasn’t been nailed down, payments have already started as of September 27, 2023, and are expected to continue rolling out until August 2024. So, keep an eye on your bank statements!
How to Claim Your Settlement
If you haven’t submitted your claim form yet, hurry up! The payments started on September 27, 2023. Make sure you’ve filled it out properly to avoid any issues.
What Should You Do If There Are Delays?
If you haven’t received your payment yet, don’t panic. The process is ongoing and it might take some time to reach everyone. Just be patient and check your eligibility status if you’re really concerned.
Do You Need Help?
If you have any questions or need further information, you can always contact the Settlement Administrator:
- Email: [email protected]
- Phone: 1-855-604-1811 (Toll-Free)
Final Thoughts
The Capital One Bank settlement is a significant step towards compensating those affected by the 2019 data breach. If you’re eligible, make sure you’ve submitted your claim form, and keep an eye out for your payout between now and August 2024. Stay patient, and soon you’ll have that extra cash in hand!
Got questions or comments? Drop them below and let’s chat! 💬
