Consumers who had a Capital One credit card between January 1, 2012, and March 31, 2019, are eligible for the settlement.
Consumers who submit a valid claim will receive a payment of up to $25,000. The amount of the payment will depend on a number of factors, including how much time the consumer spent disputing their interest rate and how much money they lost as a result.
Consumers can submit a claim online at the settlement website: [link to settlement website]. The deadline to submit a claim is November 27, 2023.
Consumers who do not want to participate in the settlement can opt out. To do so, they must submit a written opt-out request to the settlement administrator by November 27, 2023.
Consumers with questions about the settlement can contact the settlement administrator