Albert Corp. $5.2M Instant Cash Advance Settlement for Active-Duty Military Member, Payouts, Eligibility, and Deadlines 2026

If you are an active-duty military member or a dependent who used Albert Instant cash advances, you may be automatically eligible for a cash payment from a $5.2 million class action settlement. As of January 2026, this settlement resolves allegations that Albert Corp. charged illegal interest rates and fees on payday-style loans in violation of the Military Lending Act (MLA).

The Albert Corp. Settlement: At a Glance

The lawsuit, Feeman et al. v. Albert Corporation et al., alleged that Albert’s “Instant Transfer Fees” on cash advances functioned as undisclosed interest. Under the federal Military Lending Act, interest rates for servicemembers are strictly capped, and the plaintiffs argued these fees pushed the loans into illegal territory. While Albert denies any legal violations, they have agreed to a $5.2 million settlement to resolve the claims.

Official Settlement Website

The court-approved website for managing your payment and viewing legal records is:

• Website: www.MLASettlement.com
• Documents Portal: Legal Documents and Notices

Important 2026 Deadlines

To ensure you receive your payment or protect your right to sue, keep these dates in mind:

• Opt-Out (Exclusion) Deadline: March 20, 2026
• Objection Deadline: March 20, 2026
• Final Approval Hearing: April 10, 2026

Who Is Eligible?

You are part of the “Settlement Class” if you meet the following criteria:

• You received an Albert Instant cash advance between December 1, 2024, and December 12, 2025.
• You paid an “Instant Transfer Fee” for that advance.
• At the time of the transaction, you were an active-duty servicemember or an eligible spouse/dependent.

How Much Will You Receive?

Unlike many settlements that require complex forms, the Albert settlement uses a per-transaction model based on internal company records.

Automatic Cash Payments

• Estimated Payout: Approximately $30.00 per eligible transaction.
• Automatic Benefit: For most class members, no action is required to receive a check. Payments will be mailed automatically to the address Albert has on file.
• Electronic Option: If you prefer to receive your funds via PayPal, Venmo, or Zelle, you can log in to the Official Website using the Unique ID and PIN found on your settlement notice to select a digital payout.

Debt Fee Waiver

In addition to the $5.2 million fund, Albert has agreed to stop charging transfer fees on instant advances to active-duty military members and their dependents for a two-year period, lasting until at least September 30, 2027.

What to Do Next: Your Action Plan

If you fall within the class period, follow these steps to manage your claim before the March 20, 2026 deadline.

1. Update Your Address

If you have moved since December 2024, visit the Dates and Updates page on the settlement website to ensure your check is mailed to the correct location.

2. Monitor Your Email/App

Albert is notifying class members via the app and email. If you haven’t seen a notice, check your spam folder for a message from the “MLA Settlement Administrator.”

3. Consider Your Legal Rights

If you believe your damages significantly exceed the $30-per-transaction estimate, you must mail an exclusion request by March 20, 2026. This is the only way to maintain your right to sue Albert Corp. individually for these claims. For a broader look at how these legal timelines work, visit our guide on class action settlement procedures.

FAQs About the Albert Instant Settlement

Do I need to provide proof of my military status?

The settlement administrator is primarily using Albert’s existing records and Department of Defense databases to verify eligibility. If there is a discrepancy, you may be asked to provide documentation.

Why is this called the “MLA” settlement?

It refers to the Military Lending Act, a federal law that protects servicemembers from predatory lending by capping annual percentage rates (APR) at 36%.

When will I get my check?

If the court grants final approval at the April 10, 2026 hearing and no appeals are filed, checks and digital payments are expected to be sent out in Summer 2026.

Is Albert still allowed to offer cash advances?

Yes. The settlement does not stop Albert from offering the service, but it does mandate changes to how they charge fees to the military community for the next two years.

Where can I find more on consumer financial rights?

For more information on how federal law protects you from predatory fees, check out our recent updates on securities litigation or telemarketing violations.

Last Updated: January 31, 2026

Disclaimer: This article provides general information and does not constitute legal advice. AllAboutLawyer.com is an independent news resource.

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About the Author

Sarah Klein, JD, is a licensed attorney and legal content strategist with over 12 years of experience across civil, criminal, family, and regulatory law. At All About Lawyer, she covers a wide range of legal topics — from high-profile lawsuits and courtroom stories to state traffic laws and everyday legal questions — all with a focus on accuracy, clarity, and public understanding.
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