Originally Posted by
biggestbopper
It would be wise to look at the website where you would discover that reasonable estimates are perfectly okay in making your claim.
Evidently the class counsel also thought it might be tough to come up with many years old records for most card users. So even bad record keepers (most of us) can get some bucks.
Unless there is something elsewhere, the following does not sound like a reaonsonable estimate. Also, "under penalty of perjury."
"You do not need to attach bank or credit card statements to your claim. However, by submitting a claim you are representing under penalty of perjury that all information provided is true and correct, that you have not submitted more than one claim form and that you are the primary card holder on the accounts included on your claim.
In addition, all claims are subject to audit and you may be asked to provide additional information to support your claim. Please keep proof of your eligible transactions until your claim has been processed. By submitting a claim, you authorize your bank and the settlement administrator to provide and share information to verify your status or claims."
Even if you want to object to this nonsense "If you object, you must also give notice to the attorneys for the class by hand delivery, overnight mail, or by certified mail, return receipt requested."
Unless I am missing something (I have not had time to read this carefully), it seems to me that this whole settlement is a bigger rip-off of the consumer than the original currency conversions.
I would love to tell the court this, but I do not feel like sending certified letters to everyone concerned. I am sure the lawyers who set this up realize that. Frankly we should be able to send one email or fax, but that would make it easy for consumers.