Payment will be sent digitally by email to the email address on file; settlement payments will be digitally sent to you via email at the same email address that this Notice was sent.
When you receive the email notifying you of your Settlement payment, you will be provided with several digital payment options. For many, a digital payment is the easiest and quickest option to receive your money.
Payment will be sent digitally by email to the email address on file; settlement payments will be digitally sent to you via email at the same email address that this Notice was sent.
When you receive the email notifying you of your Settlement payment, you will be provided with several digital payment options. For many, a digital payment is the easiest and quickest option to receive your money.
Your Cash Award under the terms of the Settlement will depend on how much you paid on your AWL loan(s), the state in which you resided when you took out your loan, and the amount of money available in the Settlement Fund. You will only get a proportionate share of the total settlement cash, not a full refund of the amount of money you paid over principal, because the total amount of Settlement funds available to be distributed will not allow class members to receive a full refund. The amount of your Cash Award is also based on the fact that more than 784,082 loans – representing more than 367,600 other class members – are eligible for a Cash Award.
State laws vary as to what types of loans are permissible, under what conditions they are permissible, and the remedies available to consumers. As a result, the proposed settlement provides for a Cash Award Formula that reflects certain differences in the way state laws treat potential recoveries.
If your loan still has a balance and is still owned by AWL, then it will be cancelled and you do not need to pay it; If your loan is held by Northwood, a debt collector, it will be cancelled and you do not need to pay it; or If your loan was sold to a third party debt collector other than Northwood, the loan is not cancelled, but you will have the right to legal assistance about that loan.
If you are contacted by a debt collector, you may want to obtain legal advice. As part of this Settlement, you are entitled to free legal assistance from Settled Objectors’ Counsel with regard to loans still being collected by third-party debt collectors. To request legal assistance, go to:
If your contact information has changed please provide us with your current mailing address and email address so we can update accordingly.
Claim Form
I did not get any letter as well, I had checked both my spam and other folders and it was never sent. I have spoke to the helpline twice and i still have not received anything
I used mine to pay some bills including a light bill. Make sure you register the card first on the website with your information and billing zip code.
Did you get your payment yet? I got email the payment was complete 9:30pm on Tuesday and nothing since! I’ve been monitoring my junk email as well
There is a check option depending on your return amount but they won’t be issued until after all digital payment go out. You can email them once you get your email about payment ready.
Payments to class members who are eligible for a Cash Award are expected to be sent in late September, which is 30 days after the Effective Date as defined in the Revised Settlement Agreement
so I just got my email saying my payment is ready blah, blah blah… When we first got the email back in April it said I would get $115. and some change, the email I got this morning said $… what the hell!
Not a single dollar. They might have until the last business day of the month to send. 140+ million can get thousands a day in interest so, why do the right thing?
on the long notice form, page 6-7 it explains that if you prefer a paper check then one will be provided. Yes they must have the payments out by . I cannot find an extension of permission for payment filed.
I’m with you! I don’t have a member or notice ID, as far as I know. I don’t want to get my hopes up that I’m getting a significant payment! It will Probably be $10 🙁
Hi Paula, This was helpful. I do see I got an email in my junk on Monday from them stating what you posted. Check your junk mail everyone. I’ve been searching for the email and that didn’t work so I scrolled through my junk and found it.
See message below from them When you receive the email notifying you of your Settlement payment, you will be provided with several digital payment options. For many, a digital payment is the easiest and quickest option to receive your money; such examples of digital pay would be https://installmentloansindiana.org/ Amazon Gift card, Target Gift card, or Virtual Mastercard Debit card.
Hey guys I emailed the awlsetlement team and asked why the portal was taken down and this is the response I got Dear Todd: