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Active Settlement

Westlake Financial ConsumerProtection Settlement 2026

Westlake Financial Services has agreed to a $1.2 million class action lawsuit settlement to resolve claims it charged illegal fees for using certain payment methods on loans. The settlement benefits individuals with a retail installment contract assigned to Westlake who paid a convenience fee to ACI Payments between June 20, 2022, and Aug. 18, 2025.

ConsumerProtectionWestlake Settlement AdministratorDeadline: 5/18/2026Klare v. Westlake Services LLC d/b/a Westlake Financial Services logo

Key Takeaways

  • Filing deadline: 5/18/2026.
  • Eligibility snapshot: All natural persons with a retail installment contract assigned to Westlake who paid a convenience fee to ACI in connection with a payment on their Westlake account between June 20, 2022, an...
  • Proof may not be required for every claimant, but having receipts or account records still improves your filing quality.
  • Settlement administrator: Westlake Settlement Administrator.
  • Official claim form is available through an external filing site.

Who Qualifies

All natural persons with a retail installment contract assigned to Westlake who paid a convenience fee to ACI in connection with a payment on their Westlake account between June 20, 2022, and Aug. 18, 2025.

Class Period

6/20/2022 to 8/18/2025

Documentation

Proof may be optional.

Covered vendors: Westlake Financial Services

Covered products/services: auto loans, convenience fee

Defendants: Westlake Financial Services

Geographic scope: ALL

Full Filing Guide

Klare v. Westlake Services LLC d/b/a Westlake Financial Services is categorized under financial services & banking settlements, and this guide covers the essential details you need to determine if this settlement applies to you. This matter currently appears active in the FoundMoney directory. If you are evaluating whether to file, the fastest first step is to verify that your purchases, subscriptions, or account activity line up with the class definition and class period.

Westlake Financial Services has agreed to a $1.2 million class action lawsuit settlement to resolve claims it charged illegal fees for using certain payment methods on loans. The settlement benefits individuals with a retail installment contract assigned to Westlake who paid a convenience fee to ACI Payments between June 20, 2022, and Aug. 18, 2025. The relevant class period is generally described as 6/20/2022 through 8/18/2025. Where administrators publish revisions, amended deadlines, or supplemental notices, this page should be treated as a directional guide and the official claim portal remains the source of truth for filing requirements.

Who should pay close attention: users who purchased covered products/services, maintained affected accounts, or transacted with named defendants during the qualifying window. Purchaser scope is currently listed as Direct. Named or covered vendors include Westlake Financial Services. Covered products/services currently reference auto loans, convenience fee.

The reported settlement fund is approximately $1,200,000. Individual recovery is usually determined by claim volume, documentation strength, and any pro-rata formula approved by the court. In many settlements, payout timing can range from several weeks to multiple months after claim validation. Filing early and submitting complete information often helps avoid avoidable delays when administrators perform audits or deficiency checks.

Documentation may not be mandatory for all class members, but submitting purchase records can still help reduce follow-up requests. Current eligibility language: All natural persons with a retail installment contract assigned to Westlake who paid a convenience fee to ACI in connection with a payment on their Westlake account between June 20, 2022, and Aug. 18, 2025. Filing deadline tracking matters because late claims can be rejected automatically; plan to submit by 5/18/2026 unless the administrator publishes an extension.

Practical filing workflow: confirm your transactions, gather supporting records, submit the online claim form, and store your confirmation number for follow-up. If you are uncertain on edge cases, contact the administrator directly at the support channels listed on the official site. Check back periodically for updates as new information becomes available. You can also browse related settlements in the Financial Services & Banking Settlements category.

If you have additional questions about the Klare v. Westlake Services LLC d/b/a Westlake Financial Services settlement, contact Westlake Settlement Administrator directly. Filing early and providing complete documentation is the most effective way to avoid delays. You can compare this settlement with other active cases in the Financial Services & Banking Settlements category.

See all active financial services settlements to compare this case against related active settlements in the same category.

Settlement FAQs

What is the Klare v. Westlake Services LLC class action about?

The class action lawsuit involves Westlake Financial Services, which has agreed to a $1.2 million settlement to resolve claims that it charged illegal fees for certain payment methods on loans.

Who is eligible to file a claim in this settlement?

Individuals with a retail installment contract assigned to Westlake who paid a convenience fee to ACI Payments between June 20, 2022, and August 18, 2025, are eligible to file a claim.

What is the deadline to file a claim?

The deadline to file a claim is May 18, 2026.

Is proof of purchase required to file a claim?

No, proof of purchase is not required to file a claim.

How can I file a claim?

You can file a claim by visiting the settlement website at KlareFeeSettlement.com.

What is the total amount of the settlement?

The total settlement amount is $1.2 million.

What payment options are available for settlement payments?

Class members can choose to receive their settlement payment as an account credit, or through direct deposit, PayPal, Venmo, Zelle, and other electronic payment methods.

When is the final approval hearing for the settlement?

The final approval hearing for the Westlake bank fees settlement is scheduled for April 16, 2026.

Can I exclude myself from the settlement?

Yes, you can exclude yourself from the settlement, but the deadline to do so is February 3, 2026.

What happens if I do not file a claim?

If you do not file a claim, you will not receive any payment from the settlement, but you will still be bound by the terms of the settlement.

Official Filing Links

Source: settlement source page

Reviewed By

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Addison Hoff

Creator, FoundMoney.dev

Addison leads FoundMoney's public settlement research workflow and reviews summaries before publication.

Last reviewed: 2/21/2026

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