Banco Popular de Puerto Rico (BPPR), a Puerto Rican bank, agreed to pay $5.5 million as part of a class action lawsuit settlement to resolve claims it assessed illegal overdraft and NSF fees.
The settlement benefits current and former Banco Popular de Puerto Rico customers who were assessed retry/resubmitted overdraft and non-sufficient funds (NSF) fees between Feb. 1, 2016, and April 1, 2022.
According to a class action lawsuit, BPPR violates U.S. law by charging unfair overdraft and NSF fees.
BPPR hasn’t admitted any wrongdoing but agreed to a $5.5 million class action settlement to resolve these allegations over fees.
Banco Popular de Puerto Rico NSF Fees Class Action Lawsuit
- Who’s Eligible:
- Current and former Banco Popular de Puerto Rico customers who were assessed retry/resubmitted overdraft and non-sufficient funds (NSF) fees between Feb. 1, 2016, and April 1, 2022.
- Estimated Amount: Varies
- Proof of Purchase: N/A
- Claim Form Deadline: 02/12/2023
- Case Name & Number:
- Soto, et al. v. Banco Popular de Puerto Rico, CaseNo. 3:20-CV-01057, in the U.S. District Court for the District of Puerto Rico
- How to file a claim:
- Head over to the Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award!
(Click here to file a claim)
Bottom Line
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.
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