Sound Credit Union Collateral Protection Insurance Class Action Lawsuit

The settlement benefits individuals that were overcharged by Sound Credit Union for collateral protection insurance premiums, or related fees or interest. You may be eligible for a potential award from the Sound Credit Union Collateral Protection Insurance Class Action Lawsuit!

According to the class action, the lender failed to notify borrowers about alleged deficiencies in their insurance coverage and improperly imposed the collateral protection insurance policies on borrowers. So if you are eligible, file a claim by August 29, 2022 to receive your potential award!

Sound Credit Union Collateral Protection Insurance CAL

• Claim Form Deadline: August 29, 2022
• Who’s Eligible: Individuals may be entitled to a settlement payment if they:
  • Resided in Washington
  • Financed a motor vehicle through Sound Credit Union
  • On or after Feb. 11, 2016, were charged more for (or as a result of) collateral protection insurance than they would have been charged had Sound Credit Union notified them of alleged deficiencies in insurance coverage, used a pro rata refund message, not charged an administrative fee, or not received an administrative reimbursement from the collateral protection insurance carrier or third-party collateral protection insurance administrator.
• Estimated Amount: Up to $2,000
• Proof of Purchase: N/A
• Case Name & Number: Debra Fealy v. Sound Credit Union, Case No. 20-2-04853-0, in the Superior Court of the State of Washington, County of Pierce

(Click here to file a claim)

How To File a Claim

1. Head over to the Sound Credit Union Collateral Protection Insurance Claim Form.
2. Read over the claim form to see if you are eligible.
3. Complete the claim form with your info.
4. Submit your claim form to receive your potential award by August 29, 2022!

Bottom Line

The settlement benefits individuals that were overcharged by Sound Credit Union for collateral protection insurance premiums, or related fees or interest. You may be eligible for a potential award from the Sound Credit Union Collateral Protection Insurance Class Action Lawsuit!

If you are eligible, file a claim by the deadline to receive your potential award! Finally, don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.