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Cleo

Cleo Cash Advance Arbitration: Up to $400

Cleo users who paid fees for cash advances may be able to pursue individual arbitration. This is not a settlement; potential recovery can exceed $400.

Key facts

Claim deadline
TBD
Potential payment
Up to $400 or more, varies by state.
Proof requirement
Proof required
Status
Open

Up to $400 or more, varies by state.

Eligibility

Who may qualify?

Check the covered dates, products, locations, and other official terms before you file.

  • You used the Cleo app.
  • You have or previously had a Cleo account.
  • You received at least one cash advance through the Cleo app.

Case overview

What is the Cleo settlement about?

This isn't a class action or a settlement fund, it's an opportunity to bring an individual arbitration claim against Cleo, the financial app. The claims allege that Cleo marketed its paycheck 'cash advances' as simple advances when they actually functioned as earned wage access loans, and that the company didn't disclose the true costs involved, including fees charged for faster access to funds. Cleo denies these allegations.

Importantly, no settlement has been reached in this matter. The claims are moving through arbitration rather than the court system, and no final outcome has been decided yet.

If you want to participate, you'll likely need to share details about your Cleo account along with proof that you applied for or received a cash advance through the app. This documentation would help verify and support your individual claim.

Questions people ask

Frequently asked questions

How much is the Cleo settlement payout?

Up to $400 or more, varies by state. Final amounts depend on the number of valid claims and the administrator's terms.

Who qualifies for the Cleo settlement?

Key eligibility criteria include: You used the Cleo app; You have or previously had a Cleo account; You received at least one cash advance through the Cleo app. Always confirm the full class definition with the official source before filing.

Is the Cleo settlement legit?

Yes, this is a real, documented settlement. TapClaim verified the official source (Lantern by Labaton Keller Sucharow LLP official website) on Aug 6, 2026. Watch out for lookalike scam sites: file only through the official administrator links on this page, and never pay a fee to submit a claim.

What is the claim deadline for the Cleo settlement?

As of Aug 6, 2026, the administrator has not published a claim deadline yet. Check the official source linked on this page for updates.

Do I need proof of purchase to file?

Yes. The standard claim asks for proof, such as a receipt or purchase record. Review the official claim form for the exact documents required.

How do I file a claim for the Cleo settlement?

You can file for free directly with the settlement administrator through the official claim page linked on this page. The TapClaim app is optional and can help you find matching claims and track their status.

Is the Cleo settlement open for claims?

Yes, it is currently listed as open.

Settlement administrator and official sources

  • Administrator
    Lantern by Labaton Keller Sucharow LLP
  • Administrator website
    Lantern by Labaton Keller Sucharow LLP official websiteVisit administrator websitePrimary official source · Verified Aug 6, 2026
  • Official claim page
    Official claim formView official claim pageSupporting official source · Verified Aug 6, 2026
  • Listing verification
    Last checked Aug 6, 2026