Albert Corporation Military Lending Act Settlement
Albert Corporation, a fintech company offering cash advance and banking services, has reached a class action settlement over allegations that it violated the federal Military Lending Act (MLA) by charging active-duty military members and their dependents excessive fees and interest. Affected servicemembers may file a claim by March 20, 2026.
What Is This Case About?
The Military Lending Act caps interest rates at 36% MAPR (Military Annual Percentage Rate) for loans and credit extended to active-duty servicemembers and their dependents. The lawsuit alleges that Albert Corporation charged fees and interest on its cash advance products that, when calculated as required under the MLA, exceeded the 36% cap. This includes subscription fees, express funding fees, and tips that plaintiffs argue should be counted toward the interest rate calculation.
Who Is Eligible?
You may be eligible if you are an active-duty servicemember or dependent who used Albert Corporation’s cash advance or financial products during the class period and were charged fees or interest that exceeded the MLA’s 36% cap. Check the official settlement website for specific eligibility requirements.
How Much Can You Receive?
Eligible class members may receive a cash refund of excess fees and interest charged in violation of the MLA. The amount depends on how much you were overcharged and the total number of valid claims filed.
How to File Before the Deadline
Visit the official settlement website to submit your claim. Documentation of your military status and Albert account activity can help support your claim.
- Claim Deadline: March 20, 2026
- Case Type: Military Lending Act violation
OpenClassActions.org is not affiliated with Albert Corporation or the settlement administrator. This page is for informational purposes only and does not constitute legal advice.
File your claim at the official settlement website →
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