Citi Armenian Credit Card Discrimination Settlement: See If You Qualify

Did you receive the Citi Armenian Credit Card Discrimination Settlement email? It is not a scam. You received the mail because you filed a claim.

The Consumer Financial Protection Bureau (CFPB) just slapped Citi with a $26 million fine. Why, you ask? Citi apparently played the discrimination card when handing out credit to Armenian Americans.

Who Is Eligible For The Citi Armenian Credit Card Discrimination Settlement

Citi allegedly played judge and jury, saying “no” to credit cards just because people had Armenian last names or lived in Glendale, California, aka “Little Armenia.” It’s like they had a secret checklist and if you checked the Armenian box, well, tough luck.

Now, the CFPB is waving that hefty fine, throwing shade at Citi for what they call credit discrimination. The banking world just got a dose of legal reality, and it seems like “Little Armenia” is making some big waves.

How Much Is The Settlement

They’ve been handed a bill of $1.4 million to make amends to the affected people. But that’s not all – there’s an extra $24.5 million they need to cough up as a penalty within the next 10 days.

This Citi fine isn’t just about the dollars; it’s a wake-up call for them and any other credit company thinking of playing the discrimination game.

How To File A Claim

There is no claim form available right now, fill one out when it is.

Conclusion

Citi Armenian Credit Card Discrimination Settlement is not a scam. Just like Dunkin Franchise Child Labor Settlement, Citi allegedly played judge and jury, saying “no” to credit cards just because people had Armenian last names or lived in Glendale, California, aka “Little Armenia.”