July 27, 2012 4:05pm CST
You may qualified for the settlement if you sign up with Capital one, and you also has a credit protection plan from them, or you didn't actually sign up that plan, but somehow capital one charge you on it. Because such credit protection plan just a piece of junk, which is sold by the third party which capital one PR claim to have no idea of, but they sincerely apologize all the inconvenience that cause to its customers. This settlement just like any other settlement, it cost over $10 million or more, so, check your status, and you may qualify for it. One more advice, if you have any other credit card, and they charge you on some sort of credit protection plan, make sure you didn't agree with them, and call them to dispute such item, otherwise they simply trying to rip you off, no matter what.