Mariner Finance Class Action Settlement (Maryland Only)
Class Eligibility
You are a Class Member if you are a Maryland citizen who entered into a promissory note through June 29, 2018 with Mariner Finance
Estimated Amount
Varies
Proof of Purchase
Yes
Claim Form
Case Name
Hale v. Mariner Finance LLC, Case No. 24C18000053 Circuit Court for Baltimore City, Maryland
Case Summary
The Lawsuit claims that in Class Member transactions, Mariner Finance charged refinancing charges and excluded those charges from the simple interest rate disclosed in the promissory notes, and that it retained a portion of insurance charges, and that such actions were in violation of Maryland law, and claims that a class action to address these issues can be maintained in court. Mariner Finance believes these claims are wrong and believes that it acted in accordance with Maryland law. Mariner Finance also believes that the Class Members agreed to pursue their claims individually in arbitration, so that a class action cannot be maintained in court. The Court has not decided any of these questions.
Settlement Pool
$1,500,000.00
Settlement Website
Deadline
03/05/2019
Contact
add me to the class action suit. I have all of my loan papers. they will not send you a bill because they do not want to pay any company to keep up with the payments and print out bills. They put me in a accidental death insurance with a loan for 500.00 and a lien on my vehicle. this was a couple of years ago. I still have a loan with them.
ADMIN – Hi Queen,
I can’t add you to the class action. You must file with the tools provided
My wife and I entered into a promissory note for home improvement with Mariner Finance approximately two years ago. We have paid every month, the balance never seems to decrease. I even made payments in addition to the amount due, with no result. Their customer service staff are surely trained to play stupid and deny, misdirect, intimidate, or inveigle. Can we get some relief? Our monthly payment is $269, approximately $100 higher than their rep told me would be the payments after the initial amount due, and she loaded our loan with Mandatory extra” services, all for a fee, of course.There are other torts, as well.
ADMIN – Hi John,
The only thing we can suggest is to refinance.
When will the “Class Members” start receiving compensation?
ADMIN – Hi Jose,
First the deadline has to pass, after that the final hearing has to take place and finally all appeals have to clear. Once all of that has taken place the checks will be issued assuming the settlement goes through.
You stated that before class members can start receiving compensation, the deadline has to pass, but you didn’t state when the deadlines was
ADMIN – Hi Tee,
The way a settlement works is like this: After the deadline there are a few hearings once the final hearing takes place there is an opportunity for appeals. Once appeals have cleared usually the checks are sent.
what type of proof of purchase do you need. They have the loan papers on file.
ADMIN – Hi Lynn,
You will probably have to provide a sworn statement even if they have your loan papers on file.