B
BlueChip Financial
BlueChip Financial agreed to pay $18.5 million to resolve claims that Spotloan interest rates and loan terms were illegal.
ClosedUnited States-wideClaim status: Claim window closedPayout: Varies, example checks received were $168No longer claimable
About this settlement
Settlement for borrowers alleging Spotloan charged unlawful interest rates and loan terms.
This settlement resolved claims that Spotloan charged illegal interest rates and loan terms. BlueChip Financial agreed to pay $18.5 million to affected borrowers. Claimants who filed received settlement checks by September 2020.
Who qualifies
- Borrowers who took Spotloan loans with allegedly illegal interest rates or terms.
Varies, example checks received were $168
Claim status: Claim window closed