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$37.35M LDF Holdings interest rates class action settlement

This settlement is closed. The claim deadline has passed and new claims are no longer being accepted. This page is kept for reference — see settlements that are still open →

By the Class Action Buddy Editorial Team · Last reviewed April 22, 2026

TBD
Max Payout
Oct 29, 2024
Filing Deadline
No
Proof Required?
LDF Holdings has agreed to a $37.35 million class action settlement to resolve claims about interest rates charged to consumers. The settlement provides significant relief for affected customers through both cash payments for overpaid interest and debt forgiveness. Under the terms of this settlement, LDF Holdings will return $37.35 million in overpaid interest to eligible consumers and forgive nearly $1.4 billion in remaining debts. This substantial settlement addresses allegations that the company improperly charged interest rates to consumers.
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Who Was Eligible?

Who the settlement covered:

  • Consumers who were charged interest by LDF Holdings during the relevant time period
  • Individuals who may have overpaid interest on their LDF Holdings accounts
  • Customers with remaining debt balances with LDF Holdings that qualify for forgiveness
  • Details about specific eligibility requirements and time periods are pending as the settlement develops

How Much Did It Pay?

The LDF Holdings settlement provides two types of relief for eligible class members. First, the company will return $37.35 million in overpaid interest to qualifying consumers. Second, and perhaps even more significantly, LDF Holdings will forgive nearly $1.4 billion in remaining debts. The exact amount each person receives will depend on their individual circumstances, including how much interest they paid and whether they have outstanding debt balances that qualify for forgiveness. Specific payout amounts per person have not been disclosed at this time.

How this claim was filed

This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.

  • Wait for official notice if you're an LDF Holdings customer - settlement details are still being finalized
  • Gather any documentation related to your LDF Holdings account and interest payments
  • Review the settlement terms once they become available
  • Submit your claim through the official settlement process when it opens

Looking for something you can still claim?

This one has closed, but the open settlements list is kept current, and Class Action Buddy will tell you when a new one matches your profile.

Frequently Asked Questions

What is the deadline to file a claim for the $37.35M LDF Holdings interest rates class action settlement?

The deadline to file a claim was Oct 29, 2024, and it has passed. Claims are no longer accepted for this settlement.

Did I need proof of purchase for the $37.35M LDF Holdings interest rates class action settlement?

No proof of purchase was required — claims could be made on a sworn statement, without receipts, photos, or product packaging.

What is the LDF Holdings interest rates settlement about?

LDF Holdings agreed to pay $37.35 million to settle claims that they improperly charged interest rates to consumers. The settlement also includes nearly $1.4 billion in debt forgiveness.

How much money can I get from the LDF Holdings settlement?

The settlement includes $37.35 million in overpaid interest returns and nearly $1.4 billion in debt forgiveness. Individual payout amounts will depend on your specific account history and circumstances.

When is the deadline to file a claim for the LDF Holdings settlement?

The filing deadline has not been announced yet as settlement details are still being finalized. Check back for updates or download Class Action Buddy to be notified when the claim process opens.

Primary source: official settlement administrator — consumerloansettlement.com. The settlement details on this page were checked against the administrator’s official website.

Class Action Buddy is an independent directory and is not affiliated with, endorsed by, or sponsored by the settlement administrator or the court. This page is general information, not legal advice. See how we verify settlements.

This settlement has closed

The filing deadline for this one has passed, so no new claims are being accepted. Class Action Buddy tracks the settlements that are still open and tells you when a new one matches your profile.

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