Every dollar amount and date on this page is quoted from the official settlement document.
Navy Federal Credit Union Unauthorized Personal Loan Accounts Settlement
Court case: Stacy Edey et al. v. Navy Federal Credit Union, No. 2:25-cv-554
If a scammer opened an unauthorized Navy Federal personal loan in your name and tricked you into transferring the funds, this proposed class action settlement will automatically cancel the loan, refund your payments, and ask credit bureaus to delete the loan. You can also file a claim for an extra $250.
Official eligibility wordingNavy Federal Credit Union members in whose names third parties opened unauthorized personal loan accounts, and who were induced by individuals impersonating NFCU personnel to transfer the loan funds to unknown third parties, as covered by the putative settlement class. Checked against the official settlement source by SettleSignal on September 26, 2026.
Key facts
- Who may qualify You are covered if you are a Navy Federal Credit Union member and a third party opened an unauthorized personal loan account in your name, and individuals impersonating NFCU staff induced you to transfer the loan funds to unknown third parties. The exact class definition is in the settlement notice.
- Estimated payoutAutomatic cancellation of the loan, request for deletion of related credit reporting, and refund of the payments you made on the loan to your Navy Federal account, plus the right to submit a Claim Form for an additional $250 payment.
- Claim deadlineNovember 29, 2026
- What you needNo action is needed for the automatic benefits (loan cancellation, credit deletion request, and refund of payments). To get the additional $250, submit the paper Claim Form (last page of your Notice) or the online Claim Form, postmarked/submitted on or before November 29, 2026.
- CourtUnited States District Court for the Eastern District of Virginia, Norfolk Division
Important dates
Verify it yourself
How we verified this record
The key facts on this page were taken from the official settlement source, administered by American Legal Claims Services, LLC, and last checked on September 26, 2026. We re-verify each field individually on a weekly pass.
1 official source linked to this record.
Where to act
No claim form is needed — American Legal Claims Services, LLC issues this refund automatically; confirm your eligibility and contact details on the official source.
