Check your mailbox or inbox! In April, the Federal Trade Commission sent the following refunds to consumers and students who qualified.
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FloatMe refunds
The FTC sent a second round of refund payments to consumers who paid FloatMe for instant cash advances and who accepted a previous payment in September 2024.
The refund payments are part of a settlement made by FloatMe to end a lawsuit brought by the FTC over claims the company often provided less in cash advances than the promised amount and charged a fee for instance access.
The FTC further argued FloatMe lied to consumers who complained and made it difficult for them to cancel.
More than $1.5 million in refunds was initially sent to consumers in September 2024. Now, since there is still money in the settlement fund, the FTC is sending an additional 255,739 payments totaling more than $1 million to consumers who accepted the first payment.
Consumers who receive a check are asked to cash it within 90 days, while those who receive a PayPal payment are asked to accept it within 30 days.
Hey Dude refunds
The FTC sent a second round of refund checks to consumers who bought shoes from online shoe seller Hey Dude and who accepted a previous payment in August 2024.
The refund payments are the result of a complaint filed against Hey Dude by the FTC over claims the company did not tell consumers about shipping delays and illegally sent gift cards instead of refunds for out-of-stock items.
The FTC further argued Hey Dude hid negative product reviews from its website.
More than $1.4 million in refunds was initially sent to consumers in August 2024. Now, since there is still money in the fund, the FTC is sending an additional 27,916 payments totaling more than $386,000 to consumers who accepted the first payment.
Consumers who receive a check are asked to cash it within 90 days, while those who receive a PayPal payment are asked to accept it within 30 days.
Credit Karma settlement
The FTC sent Zelle payments to consumers who requested compensation for their time spent responding to credit offers from Credit Karma and who did not cash their check or accept their PayPal payment.
The payments are the result of a settlement agreed to by Credit Karma to end a complaint brought by the FTC over claims many people who got “pre-approved” credit offers from the company did not qualify for those offers and were denied credit.
More than $2.3 million in refunds was previously sent to consumers via the check and PayPal payments in October 2024.
Consumers who receive a Zelle payment will have the payment deposited directly into their bank account with a note about the settlement.
NGL settlement
The FTC in early April stopped accepting claims to be a part of a $4.5 million settlement made by NGL Labs to end claims it sent fake messages that appeared to come from real people and tricked users into signing up for paid subscriptions.
NGL was also accused by the FTC and the Los Angeles District Attorney’s Office of charging a recurring, weekly fee of $9.99 without its users’ knowledge or consent, and then often ignoring requests for refunds.
The FTC said consumers whose claims are approved will get varying payouts depending on “several factors,” including the total number of claims filed.
The agency said it expects to send payments later this year after it finishes reviewing all of the claims.
Do you qualify to benefit from any of the FTC refunds? Let us know in the comments.
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