The Consumer Protection Division has begun mailing refund checks to Iowans owed refunds from a $40 million fund tied to three separate buying club cases.
The office, through a settlement administrator, is sending approximately 374,000 checks owed to Iowa consumers. The refund checks generally range from $6-$40, though some will be substantially higher.
The partial refunds for buying club membership fees include restitution from three companies: Vertrue Inc. and Affinion Group Inc., both of Connecticut, and Stonebridge Benefit Services Inc., of Texas. All three companies sold buying club memberships to Iowans who were generally unaware of monthly buying club membership charges.
The refund check process will take approximately two months. Consumers with questions or concerns should contact the refund administrator directly:
Iowa Buyers Club Refunds
P.O. Box 1923
Faribault, MN 55021-1944
For more information on the buying club refunds, click here.