Status: closed
ZestFinance, Inc. (Spotloan)
Defendant: ZestFinance, Inc.
Spotloan agreed to a settlement regarding its lending practices. The lawsuit alleges Spotloan violated federal and state laws by making loans with annual interest in excess of state law or lending without a license. Consumers who obtained a loan from Spotloan between January 1, 2012 and October 21, 2018 may be eligible for loan forgiveness or cash payment. Class members will automatically receive cash payment or loan forgiveness.
Final Fairness Hearing is Jun. 30, 2020.