E

Electro Savings Credit Union

Settlement provides $4.6 million in benefits for consumers whose vehicles were wrongfully repossessed without sufficient notice.

ClosedMissouri onlyClaim status: Claim window closedPayout: VariesNo longer claimable

About this settlement

The case addresses wrongful vehicle repossessions and insufficient notice by Electro Savings Credit Union.

This settlement resolves claims that Electro Savings Credit Union wrongfully repossessed vehicles without providing sufficient notices to consumers with collateralized loans since January 7, 2013.

Who qualifies

  • Consumers with a collateralized loan from Electro Savings Credit Union.
  • Vehicles repossessed since January 7, 2013.
  • Received a Notice of Our Plan to Sell Property, Personal Property Letter, or similar notice.

Varies

Claim status: Claim window closed

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