Genesis Financial Solutions Maryland Consumer Lending Settlement
Last verified July 13, 2026Source: claimdepotHow ClaimWatch verifies cases
This settlement is closed to new claims — the deadline was June 29, 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
Genesis Financial Solutions engaged in consumer lending and credit-related business practices in Maryland involving personal loans of less than $25,000 that allegedly violated the Maryland Consumer Loan Law and the Maryland Credit Services Businesses Act. Genesis denies wrongdoing or liability.
Do you qualify?
Maryland residents who received a notice about this settlement by email or mail and whose credit card account payments of principal, interest, and fees Genesis Financial Solutions owns the right to collect.
What you can claim
Read from the official settlement notice. Confirm the terms that apply to you on the administrator's site before filing.
Settlement Payment Fund distribution
Class members who do not opt-out and submit a valid claim by June 29, 2026 will receive a payment from the Settlement Payment Fund. The total fund is $4,000,000 to be distributed among all eligible claimants.
Who is in the class
If you are a Maryland resident, and Genesis Financial Solutions, Inc. ("Genesis") owns the right to collect payments of principal, interest and fees on your credit card account, you could be part of a Class Action Settlement that affects your rights.
Quoted from the settlement notice.
How to file
Submit a valid claim form by June 29, 2026, either electronically at www.MarylandGenesisSettlement.com or by mail using a printable claim form available on the website.
Common questions
- How much does the Genesis Financial Solutions Maryland Consumer Lending Settlement pay?
- The total settlement fund is $4M. 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 Genesis Financial Solutions Maryland Consumer Lending Settlement?
- This settlement is closed to new claims — the deadline was June 29, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Is the Genesis Financial Solutions Maryland Consumer Lending Settlement notice real, or a scam?
- Claims are filed at marylandgenesissettlement.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 Genesis Financial Solutions Maryland Consumer Lending Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. Payments cannot be issued until the court grants final approval and any appeals are resolved.
Who's involved
Plaintiffs
- Steve Ford
Defendants
- Spring Oaks Capital SPV, LLC
- Genesis Financial Solutions, Inc.
Counsel for plaintiffs
Parties and counsel from the public court docket. Listing an attorney here isn't an endorsement, and ClaimWatch isn't affiliated with any of them.
New to class actions?
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.
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