<Bad Credit Basics: Why is credit score so important? How is it calculated? If your score is low, what can you do about it?
Bad Credit Cards: For individuals with poor credit, there are several trustable credit card issuers who can give you a line of credit and help improve your score.
Personal Loans: Help you build your financial future while providing money for your family.
How to Get Out of Debt? Follow these three simple steps to managing your money and become debt free.
Home Loans From Start To Finish: Buying a home is the biggest purchase you’ll ever make in your life. It’s important that you know what to expect from the moment you apply for your loan through settlement.
Beware of these credit scams: Tell everybody in your family and all of your co-workers if you get scammed online or from a lender in person. Before this happens to you read our take on the scams to avoid.
If you used Google between 2006 and 2013, Google may owe you some money. The company is settling a $23 million class-action suit that accuses it of sharing users’ searches and information with third-party companies and websites without their consent. Google has denied any liability or wrongdoing. Please note, there is no proof of purchase needed to claim what is owed to you, so no need to go digging through old receipts. The deadline for signing up for this settlement is July 31, 2023. You can claim up to $7.70 with no proof.
How do you file a claim? Go to the site refererheadersettlement.com.
First, click submit claim. If you already got an email about this, you’ll have a class member ID to put in the box. If not, click register. Then you’ll register and get an email with a class member ID. Go back to the form, fill it out completely and that’s it!
Right now, you’re going to get about $7.70, but that number could go up depending on how many people file. You have until July 31 to file.
Some other Class Action Settlements that are still available:
$4.2M Fashion Nova Class Action Payout (without proof needed)
$300 Juul Class Action Payout (without proof needed)
$29.10 Robocall Class Action Payout (without proof needed)
$6.5M Tuna Class Action Payout (without proof needed)
Do you want to start building your credit history? If so, you might be interested in a new credit card from Chase. It’s called Freedom Rise and it’s part of the Freedom family of cards.
Chase already has two other Freedom cards: Freedom Flex and Freedom Unlimited. These are great cards that don’t charge you any fees and give you some money back when you sign up. Freedom Flex also lets you earn more money back on different things every three months.
Freedom Rise is a new card that Chase will launch later this year. It’s designed for people who are new to credit or have bad credit. This means that it might be easier to get approved for this card than for other cards.
We don’t know much about Freedom Rise yet, but we have seen what it looks like. It has a similar design to the other Freedom cards.
Possible card rendering of the Freedom Rise.
Chase mentioned Freedom Rise in a presentation for investors. They said that they will launch the card for new-to-credit customers this year. They also said that they will offer the card in some places first, like their branches. This means that you might have to go to a Chase branch to apply for the card.
Freedom Rise could be a good option for you if you want to start or improve your credit history. We will update you when we learn more about the card and its features.
There are not many credit cards for no credit that are similar to the Freedom Rise card, as it is a new product that has not been launched yet. However, based on the limited information we have about Freedom Rise, it seems like it is a card for people with no credit or bad credit that does not require a security deposit and may offer some rewards.
Some of the current credit card offerings for no credit that are similar to Freedom Rise are:
Most Recommended: Capital One Platinum Credit Card: This card has no annual fee and no foreign transaction fee. It does not offer any rewards, but it gives you access to a higher credit line after making your first five monthly payments on time. It does not require a security deposit, but it may require a credit score or a limited credit history.
Petal 2 “Cash Back, No Fees” Visa Credit Card: This card has no annual fee, no late fee, no foreign transaction fee and no returned payment fee. It also offers up to 1.5% cash back on eligible purchases after making 12 on-time monthly payments. It does not require a security deposit or a credit score, but it uses your income and spending habits to evaluate your application. Your credit limit can range from $300 to $10,000.
Capital One Quicksilver Secured Cash Rewards Credit Card: This card has no annual fee and no foreign transaction fee. It also offers 1.5% cash back on every purchase. It requires a security deposit of $49, $99 or $200, depending on your creditworthiness. Your credit limit will be equal to your deposit amount. You can also access a higher credit line after making your first five monthly payments on time.
Discover Card also offers cards for those with no credit:
Discover it Secured Credit Card: This card requires a security deposit of at least $200, but it offers 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, and 1% cash back on all other purchases. It also matches all the cash back you earn in your first year. It has no annual fee and may review your account for an upgrade to an unsecured card after seven months of responsible use.
Discover it Student Cash Back: This card is for students with no credit or limited credit history. It offers 5% cash back on everyday purchases at different places each quarter, up to the quarterly maximum when you activate, and 1% cash back on all other purchases. It also matches all the cash back you earn in your first year. It has no annual fee and a $20 statement credit each school year your GPA is 3.0 or higher for up to the next five years.
Our Take
We love the name of the card indicating credit freedom which is what this website has always been about. The Banklady has helped people with their personal credit since 1999. Unless you are a college student you may not get the opportunity to start building credit if you do not take out an auto loan or are given the opportunity to get your first unsecured credit card. Capital One will normally give non-college students a $300 credit on an unsecured card but now Chase may get into the game with the Freedom Rise Card and that is a great development.
If you’re someone who bought Foodservice-Size Packaged Tuna Products (40 oz or greater) from DOT Foods, Sysco, US Foods, Sam’s Club, Wal-Mart, or Costco from June 2011 through December 2016, then you may be eligible for a class action settlement! The best part? You don’t need to provide any proof of purchase to claim what is owed to you, so no need to go digging through old receipts. But hurry, the deadline for signing up for this settlement is June 21, 2023. While payments may vary, the entire payout is estimated to be $6.5M. So don’t miss out on this opportunity and check it out now!
Some other Class Action Settlements that are still available:
Meta Platforms Inc., which was formerly known as Facebook, has agreed to pay a $725 million class action settlement. This is because it was alleged that Facebook shared or allowed others to access user data and data about users’ friends without their permission. Facebook did not properly monitor or enforce third-party access or use of that data.
If the settlement is approved by the court, Meta Platforms Inc. will set up a fund of $725 million. This fund will be used to pay all valid claims made by members of the settlement class. The settlement class includes people who were affected by Facebook’s actions during a specific time period.
How much each person will receive depends on how many people submit valid claims and how long they were users on Facebook during the class period. The settlement fund will also cover expenses related to notifying people about the settlement and administering the settlement process. Additionally, the fund will pay any attorneys’ fees and costs, as well as any service awards for the settlement class representatives.
Meta Platforms is a technology company that owns Facebook, Instagram, WhatsApp and other platforms.
Who’s Eligible All Facebook users in the United States between May 24, 2007, and Dec. 22, 2022, subject to the exclusions described above.
Potential Award Varies. Make sure to state which payment you will take whether it be Paypal or Venmo. If you do not have them you can sign up for Paypal or Venmo or just get a Mastercard mailed out to you for the settlement amount.
Proof of Purchase None.
Claim Form
Head over to FacebookUserPrivacySettlement.com to file a claim.
Claim Form Deadline 08/25/2023
Case Name In re: Facebook, Inc. Consumer Privacy User Profile Litigation, Case No. 3:18-md-02843-VC, in the United States District Court for the Northern District of California
Final Hearing 09/07/2023
Didn’t I file for a Previous Facebook Settlement?
This is not the first settlement for Facebook/Meta Platforms Inc. regarding user data privacy issues. In fact, there have been several other settlements in the past related to similar issues.
For example, in July 2019, Facebook agreed to pay a $5 billion settlement to the Federal Trade Commission (FTC) over allegations of privacy violations related to the Cambridge Analytica scandal. In addition, Facebook settled with the Securities and Exchange Commission (SEC) for $100 million over allegations that it misled investors about the risks of misusing user data.
In April 2020, Facebook agreed to pay $52 million to settle a class-action lawsuit that accused the company of collecting and storing users’ facial recognition data without their consent.
So, it’s important to note that this is not the first settlement for Facebook/Meta Platforms Inc. related to user data privacy issues, and it’s possible that there may be more in the future.
The settlement class includes all Facebook users in the United States between May 24, 2007, and Dec. 22, 2022, inclusive (the “class period”). The settlement class does not include: (i) all persons who are directors, officers, legal representatives, alleged co-conspirators and agents of defendant or its wholly or partly owned subsidiaries or affiliated companies or employees of defendant or its subsidiaries and affiliated companies; (ii) counsel for any plaintiff whose case was consolidated into this MDL and their employees, including but not limited to class counsel for plaintiffs and their employees; (iii) the special master, discovery mediators and settlement mediator who participated in this case and their staff; and the judges and court staff, as well as any appellate court to which this matter is ever assigned; and (iv) eligible persons who elect to opt out of the settlement class.
Claims Administrator Facebook Consumer Privacy User Profile Litigation c/o Settlement Administrator 1650 Arch Street, Suite 2210 Philadelphia, PA 19103 info@FacebookUserPrivacySettlement.com 855-556-2233
The court has scheduled a final approval hearing for Sept. 7, 2023.
Class members who wish to exclude themselves from or object to the Facebook class action settlement must do so no later than July 26, 2023.
The deadline to submit a claim form is Aug. 25, 2023.
