The settlement will benefit individuals who had a loan from Great Plains Lending, a loan from Plain Green before June 1, 2016, and/or a cash advance pursuant to a line of credit from MobiLoans before May 6, 2017. You may be eligible for a potential award from the Great Plains High Interest Loan Class Action Lawsuit!
According to the class action, plaintiffs allege that Great Plains, Plain Green, and MobiLoans through the service Think Finance originated loans with excessive interest rates. The settlement is worth more than $57 million. So if you are eligible, file a claim by February 12, 2021 to receive your potential award!
Great Plains High Interest Loan Class Action Lawsuit
- Claim Form Deadline: February 12, 2021
- Who’s Eligible: Individuals who had a loan from Great Plains Lending, a loan from Plain Green before June 1, 2016, and/or a cash advance pursuant to a line of credit from MobiLoans before May 6, 2017.
- Estimated Amount: Cancellation of debt and cash payments. However, the following Class Members are not eligible for cash payments:
- Class Members who did not make payments on their loans.
- Class Members 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, or Wisconsin who did not make payments above the principal interest on their loans.
- Class Members 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., or Wyoming who did not pay interest above their state’s legal limit.
- Class Members in Utah and Nevada (states with no high interest rate restrictions).
- Proof of Purchase: N/A
- Case Name & Number: Gibbs, et al. v. Rees, Case No. 3:20-cv-717-MHL, and Gibbs v. TCV V LP, Case No. 3:19-cv-789-MHL, both in the U.S. District Court for the Eastern District of Virginia
(Click here to file a claim)
How To File a Claim
- Head over to the Great Plains High Interest Loan Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award by February 12, 2021!
Bottom Line
The settlement will benefit individuals who had a loan from Great Plains Lending, a loan from Plain Green before June 1, 2016, and/or a cash advance pursuant to a line of credit from MobiLoans before May 6, 2017. You may be eligible for a potential award from the Great Plains High Interest Loan Class Action Lawsuit!
If you are eligible, file a claim by the deadline to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.