Every dollar amount and date on this page is quoted from the official settlement document.
TD Bank, N.A.
TD Bank got caught reporting bad information on customers' credit reports and ignoring their disputes. If your credit was dinged by TD Bank errors, you could be in line for a payment from the settlement fund.
Official eligibility wordingConsumers who were harmed by TD Bank's inaccurate credit reporting and failure to investigate disputes over several years prior to September 2024. Checked against the official settlement source by SettleSignal on June 17, 2026.
Key facts
- Who may qualify You may qualify if TD Bank reported inaccurate information on your credit report and failed to properly investigate when you disputed it — and this happened before September 2024.
- Estimated payout$7.76 million in redress to affected consumers and a $20 million civil money penalty
- Proof requiredNo
- What you needNo proof needed and no claim form to file — if you were harmed, TD Bank is required to identify you and send payment automatically.
- CourtAdministrative Proceeding (Consumer Financial Protection Bureau)
How hard is this claim to file?
✅ You do not need to file — payment is automatic.
Watch out for
- No action is needed to receive payment — anyone asking you to 'register' or pay a fee to claim your share is a scam.
- The check goes to your last known address on TD Bank's records. If you moved and didn't update your address, you could miss it entirely.
- The affected period covers several years of inaccurate reporting prior to September 2024 — if you disputed a TD Bank tradeline during that window and got no real investigation, you're in the target population.
- TD Bank's credit reporting errors may still appear on your credit reports. Even after receiving a redress payment, pull your reports and dispute anything inaccurate that TD Bank furnished.
We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.
Verify it yourself
How we verified this record
- Payout details
- Eligibility
- Proof requirement
- Administrator
- Court case
- Payment status
- 2 fields queued for re-check
1 official source linked to this record.
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Eligibility summary Quoted in the official eligibility wording above ↑
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Proof requirement
No
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Payment status
Payment pending
Under the consent order, TD Bank must implement a Redress Plan and may mail Redress Notices and Redress Checks to consumers at their last known mailing address.
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Estimated payout
$7.76 million in redress to affected consumers and a $20 million civil money penalty
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Administrator
Consumer Financial Protection Bureau (CFPB)
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Court
Administrative Proceeding (Consumer Financial Protection Bureau)
Show all 4 more verified fields
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Automatic refund
Yes — automatic, no claim needed
No claim filing is required from consumers.
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Court case number
2024-CFPB-0009
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No-claim explanation
TD Bank will mail Redress Notices and Redress Checks to consumers at their last known mailing address; no claim filing is required.
No claim filing is required from consumers.
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Case name
TD Bank, N.A.
Where to act
No claim form is needed — Consumer Financial Protection Bureau (CFPB) issues this refund automatically; confirm your eligibility and contact details on the official source.
No claim needed — payment is automatic
If you qualify, the settlement pays you automatically. There's nothing to file — just keep an eye on your mail or account around the payment date.
