Borrowers who took Great Plains Lending, Plain Green, or MobiLoans loans could claim cash from this $44.53 million Think Finance settlement over allegedly illegal interest rates. The claim deadline has passed.
What's This Settlement About?
A $44,530,000 Class Action Lawsuit has been settled for predatory loans that allegedly exceeded federal law interest rate limitations. If You Obtained a Loan or Line of Credit from Great Plains Lending, Plain Green, or MobiLoans You Could Get a Cash Payment from this Class Action Settlement.The claims involved in the Settlement are about loans and lines of credit made in the name of three companies that are owned by Native American Indian Tribes: Great Plains, Plain Green, and MobiLoans. Several companies, together called Think Finance, provided services to the Native American Indian Tribes.
The Plaintiffs in the lawsuits covered by the Settlement claim that Defendants violated federal and various state laws by being involved in and/or supporting the making, servicing, and collecting of loans with annual interest rates greater than the amount allowed by state law and without required state licenses.
Status
Claims Closed
Claim deadline has passed
Claim Deadline
Passed
Settlement Fund
$44,530,000
Great Plains Lending, Plain Green & MobiLoans borrowers
Proof Required
Yes
How Do I Qualify?
You are a member of the Settlement Class if you obtained:• A loan(s) from Great Plains Lending
• A loan(s) from Plain Green before June 1, 2016
• A cash advance prior to May 6, 2017 on a line of credit from MobiLoans
You may not receive a cash payment, but may receive other benefits such as injunctive relief if you:
• Did not make any payments on your Great Plains Lending, Plain Green, or MobiLoans loan; or
• Lived in Arizona, Arkansas, Colorado, Connecticut, Idaho, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Pennsylvania, Ohio, South Dakota, Vermont, Virginia, and Wisconsin and did not make payments above the principal on your loan; or
• Lived in Alabama, Alaska, California, Delaware, Florida, Georgia, Hawaii, Iowa, Louisiana, Maine, Maryland, Michigan, Mississippi, Missouri, Nebraska, North Dakota, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Washington, West Virginia, Washington D.C., and Wyoming and did not pay interest above your state's legal limits; or
• Lived in Utah or Nevada (which has no state interest restrictions);
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