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Safe 1 Credit Union

California residents who paid any amount toward a deficiency balance after their vehicle was repossessed or voluntarily surrendered may receive a full refund.

ClosedCalifornia onlyClaim status: Claim window closedPayout: Varies. Full refund of amounts paid toward deficiency balance.No longer claimable

About this settlement

Refunds for deficiency balance payments after vehicle repossession or voluntary surrender under Safe 1 Credit Union contracts in California.

This settlement reimburses California residents who paid deficiency balances after their vehicle was repossessed or voluntarily surrendered under contracts assigned to Safe 1 Credit Union. Eligible class members will receive a full refund of amounts paid without needing to file a claim form.

Who qualifies

  • California residents who purchased a vehicle under a conditional sales contract assigned to Safe 1 Credit Union.
  • Vehicle was repossessed or voluntarily surrendered to Safe 1 Credit Union.
  • Issued a notice of intent by Safe 1 Credit Union between June 25, 2016 and June 25, 2020.
  • Had a deficiency balance on their account after vehicle disposition.

Varies. Full refund of amounts paid toward deficiency balance.

Claim status: Claim window closed

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