A

Arkansas Federal Credit Union

Arkansas Federal Credit Union agreed to forgive $2.35 million in outstanding balances to resolve claims of improper vehicle repossessions.

ClosedArkansas onlyClaim status: Claim window closedPayout: VariesNo longer claimable

About this settlement

Settlement addresses improper vehicle repossessions by Arkansas Federal Credit Union between May 2018 and July 2021.

This settlement resolves claims that Arkansas Federal Credit Union violated repossession laws by improperly repossessing vehicles and failing to provide required notices. Eligible class members may receive debt forgiveness or other benefits as part of the $2.35 million settlement fund.

Who qualifies

  • Borrowers, co-borrowers, and guarantors on AFCU automotive loans with repossession between 2018-05-15 and 2021-07-23.
  • Must have received post-repossession notices of sale.
  • Must not have filed bankruptcy since repossession.
  • Must not have settled the finance agreement amount due or had a judgment entered related to the finance agreement.

Varies

Claim status: Claim window closed

See active Settlements

Related settlements

Estée Lauder logo

Estée Lauder

No proof required

Up to $5,000

Claims opening soon

Silk and Great Value logo

Silk and Great Value

Proof required

Up to $300,000

96 days left

Audible logo

Audible

No proof required

Compensation pending

Claims opening soon

Government of Canada logo

Government of Canada

Proof required

Up to $200,000

746 days left

Meta (Facebook) logo

Meta (Facebook)

No proof required

Up to $90

Claims opening soon

Ticketmaster logo

Ticketmaster

No proof required

Compensation pending

Claims opening soon