CClaimWatch
Claims closedNo proof of purchase neededfinance

Albert Corporation Military Lending Act Settlement

Up to $30

This settlement is closed to new claims — the deadline was April 25, 2026. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

Albert Corporation and Albert Cash, LLC offered a cash advance product called Albert Instant that allegedly violated the Military Lending Act, Truth in Lending Act, and Georgia Payday Lending Act by not properly disclosing terms and exceeding interest-rate caps. The defendants deny all allegations but agreed to settle to avoid further litigation.

Do you qualify?

Settlement Class Members who were offered or used the Albert Instant cash advance product. The specific class definition is detailed on the FAQ page of the settlement website.

How to file

No claim submission is required. All Settlement Class Members who do not opt out will automatically receive payment distributed pro rata via check or electronic payment once all opt-out requests are received and after deducting attorneys' fees, litigation expenses, and service awards. You can request electronic payment or change your address online.

Common questions

How much does the Albert Corporation Military Lending Act Settlement pay?
Estimated payout: Up to $30. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
What is the claim deadline for the Albert Corporation Military Lending Act Settlement?
This settlement is closed to new claims — the deadline was April 25, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.
Do I need proof of purchase for the Albert Corporation Military Lending Act Settlement?
No. You can file without a receipt or proof of purchase. You attest that you qualify and submit basic details, though claims are still subject to review and submitting a false claim is a crime.
Is the Albert Corporation Military Lending Act Settlement notice real, or a scam?
Not stated is the settlement administrator for this case. Claims are filed at mlasettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the Albert Corporation Military Lending Act Settlement be sent?
Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for May 22, 2026; no payments can be issued before a settlement receives final approval.

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

More finance settlements

View all →