Cleo
Updated Jul 26, 2026
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
- 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 this settlement is 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.
