Bank of America

Bank of America to Pay $3.25M in Repossession Settlement—Find Out If You’re Eligible for a Payout

Bank of America to Pay $3.25M in Repossession Settlement—Find Out If You’re Eligible for a Payout

Anthony Lane

Bank of America has agreed to a $3.25 million settlement for a class action lawsuit involving improper repossession notifications. Borrowers who had their vehicles repossessed by the bank between 2016 and 2024 may be eligible for compensation, including cash payouts and credit score improvements. Visit the official settlement website for more details.