CFPB v. Tempoe, LLC class action settlement
Consumers who entered into lease agreements with Tempoe from January 1, 2015, to September 11, 2023, where the lease was extended on a month-to-month basis for more than six months after the initial term and Tempoe failed to provide required additional disclosures. If that describes you, you can file a claim in the Tempoe, LLC class action settlement. Over $192 million from the CFPB victims relief fund has been allocated to compensate eligible victims. Distribution began October 24, 2024 and is ongoing. Per-claimant amounts are not specified. The settlement website does not say clearly whether documentation is required. No claim deadline has been published yet.
The CFPB took action against Tempoe, LLC, a finance company that provided consumer leases through retail partners, for engaging in unfair acts and practices in violation of the Consumer Financial Protection Act of 2010. A consent order issued on September 11, 2023 imposed a permanent ban on consumer leasing and a $2 million civil penalty. Over $192 million from the CFPB victims relief fund was allocated to compensate eligible consumers.
The facts
| Class period | January 1, 2015 to September 11, 2023 |
|---|---|
| Administrator | JND |
| Final approval hearing | September 11, 2023 |
| Status | Open, accepting claims |
How to file a claim
- Check that you are eligible. Consumers who entered into lease agreements with Tempoe from January 1, 2015, to September 11, 2023, where the lease was extended on a month-to-month basis for more than six months after the initial term and Tempoe failed to provide required additional disclosures.
- Gather what you need. Have your contact details ready, along with any notice ID you were sent.
- File on the official settlement website. It is the only place a claim counts, and filing is always free.
- File before the published deadline. Late claims are usually rejected.
File your claim on the official site
Goes to www.consumerfinance.gov, the official settlement website. We are not paid for this link.
Common questions
Who is eligible for the Tempoe, LLC settlement?
Consumers who entered into lease agreements with Tempoe from January 1, 2015, to September 11, 2023, where the lease was extended on a month-to-month basis for more than six months after the initial term and Tempoe failed to provide required additional disclosures.
How much money will I get?
Over $192 million from the CFPB victims relief fund has been allocated to compensate eligible victims. Distribution began October 24, 2024 and is ongoing. Per-claimant amounts are not specified. Final amounts usually depend on how many valid claims are filed, so the published figure is a maximum rather than a promise.
When is the claim deadline?
No claim deadline has been published yet. Administrators are not required to accept late claims, so it is worth filing before the date rather than on it.
Do I need receipts or proof of purchase?
The settlement website does not say clearly whether documentation is required. Every claim form asks you to confirm that the information you give is true, and filing a claim you are not entitled to is fraud.
Is the Tempoe, LLC settlement legitimate?
This settlement is administered by JND, a court appointed claims administrator. A real settlement never asks you to pay to file a claim. File only on the official settlement website linked on this page.
Last verified . We re-check every settlement against its official website. Details can change after that, so confirm on the official site before you file. How to verify any settlement yourself.