$1.8M Settlement for Kohl’s Credit Monitoring Class Action Lawsuit
A $1.8 million settlement has been proposed to resolve claims that Kohl’s and Capital One deceptively charged consumers for credit monitoring. This would affect consumers who opened a Kohl’s Private Label Credit Card before Apr. 11, 2011 and who, between Feb. 13, 2012 and Oct. 31, 2013, paid $14.99 a month for PrivacyGuard but did not complete the second enrollment step.
If the settlement is approved, a total of 16,587 consumers will receive around half of the $3.3 million paid for PrivacyGuard services.
The lawsuit was filed back in 2015. Consumers with a Kohl’s credit card were reportedly charged $14.99 a month for credit monitoring services, regardless of whether or not tehy had activated the services.
Conclusion
It’s a good idea to periodically check your statements. Nowadays there’s also services that will help you identify recurring charges on your cards, which could be services that you no longer need or weren’t aware you were paying for. Those affected by this lawsuit should be notified once it is approved.
Lower Spend - Chase Ink Business Preferred® 100K!
Chase Ink Business Preferred® is a powerful card that earns 3X Ultimate Rewards points in a broad range of business categories on the first $150K in spend per year. Right now earn 100K Chase Ultimate Rewards points after Learn more about this card and its features!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
FYI minor typo: ” regardless of whether or not *tehy* had activated the services”