If you are one of the legions of consumers who suffered through those annoying robocalls from "Rachel with Cardholder Services," you could have money coming your way.
That's right. The Federal Trade Commission, the nation's consumer watchdog has reached a settlement with a collection of companies it says used that ploy. And now a special administrator is preparing to mail out checks to victims.

The total amount available to repay consumers is $700,000. The FTC says it is mailing out 16,590 checks this week. Each check will be for $42.95 and must be cashed within 60 days.

Here's how the scheme worked: Robo-Rachel called you and claimed she could help with your credit card interest rate. If you asked to be connected with a real operator, the company then claimed it could get your credit card interest rate reduced for a fee. Credit companies are not supposed to guarantee you credit or a particular interest rate in exchange for an up front fee.

So… does this mean Rachel is dead and gone and you won't be hearing from her again? Maybe. When a robo-calling scheme works, other companies often copy it. In fact, after the FTC took its first action against "Rachel," investigators were frustrated when the calls continued, likely placed by other sketchy companies.

If Rachel is gone, other robo-calling schemes will inevitably take her place. So report them! Robo calls are now illegal and, as these payments prove, the FTC does investigate them.