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Make a little money from class actions

Reddit r/passive_income·u/Digital_Surface_Labs·6 months ago
#ClLcNjKs
#deadline#claims#settlements#claim#article
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settlement claims are the one thing on my list that consistently passes my own test for it: 5 minutes of paperwork now, a check shows up 6-12 months later, no maintenance, no algorithm, no customer service. it's literally money companies have already been ordered to set aside.

unclaimed rates are wild. the FTC's own median is around 9% claimed - so 91% goes back to defendants or cy pres funds

the problem with class action settlements is you have to:

1) find them

2) remember to claim them

3) fill out an awkward claims form

4) wait 3-6 month to get paid.

I built a site that has all the class action settlements I know about and just finished working on an email matcher that checks Gmail for missed class action settlements that may have been filtered into junk.

(many data breach settlements send out a claim id and those emails often get filtered into spam)

posting here because auto-file matches the passive income goal.

because it's the right thing to do I put my website at the BOTTOM of this post and…

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