Used Albert Instant and paid an Instant transfer fee while serving on active duty, or as the spouse or eligible dependent of someone who was? You may automatically receive about $30 per eligible transaction from a $5,200,000 class action settlement.
The case is Feeman, et al. v. Albert Corporation, pending in the U.S. District Court for the Central District of California. The lawsuit alleges Albert Corporation and Albert Cash, LLC violated federal and state lending laws in connection with their Albert Instant cash advance product.
The companies deny wrongdoing but agreed to settle to avoid further litigation.
Here’s what you need to know.
Why This Lawsuit Exists?
Plaintiffs claim Albert’s “Albert Instant” cash advance product violated:
The Military Lending Act (MLA)
The Truth in Lending Act (TILA)
The Georgia Payday Lending Act (PLA)
The lawsuit alleges improper disclosures and interest-rate issues related to Instant transfer fees.
As part of the settlement, Albert also agreed to refrain from assessing transfer fees on direct transfers of Albert Instant advances to active-duty service members or eligible dependents for two years or until September 30, 2027.
Albert denies all allegations and liability.
Who Qualifies?
You may be a class member if all of the following apply:
You received an Albert Instant advance between
December 1, 2024 and December 12, 2025You paid an Instant transfer fee
At the time, you were:
An active-duty service member, OR
The spouse or eligible dependent of one
If you received a settlement notice by email, mail, or through the Albert app, it should confirm your status.
How Much Can You Get?
The total settlement fund is $5,200,000.
After deductions, payments will be distributed pro rata based on the number of eligible transactions.
Estimated payment: Approximately $30 per eligible Albert Instant transaction
The final amount may be adjusted depending on:
The number of opt-outs
The total number of qualifying transactions
If some class members do not cash their initial checks, the administrator may issue a second payment, depending on remaining funds.
Settlement Fund Breakdown
Attorneys’ fees: $1,300,000
Service awards: Up to $5,000 each (up to $10,000 total)
Administration costs: To be determined
Remaining funds: Distributed to eligible class members
Your Options
| Option | What It Means | Deadline |
|---|---|---|
| Do Nothing | Automatically receive payment and be bound by the settlement. | No action required |
| Request Electronic Payment | Choose electronic payment instead of mailed check. | Before payments are issued |
| Update Address | Ensure your check is sent to the correct address. | As soon as possible |
| Opt Out | Receive no payment and keep the right to sue separately. | March 20, 2026 |
| Object | Tell the Court you disagree with the settlement. | March 20, 2026 |
| Final Approval Hearing | Court will consider approval. | April 10, 2026 at 1:30 p.m. |
How to File a Claim?
You do not need to file a claim.
If you qualify and do not opt out, you will automatically receive:
A check mailed to your address on file, OR
An electronic payment (if requested through the settlement website)
If your address has changed, or if you prefer electronic payment, visit the official settlement website and update your information.
Payments are expected to be distributed approximately 45 days after final approval and resolution of any appeals.
Questions? Contact the Settlement Administrator at [email protected] or (833) 647-8947
