Cleo AI cash advance FTC refunds settlement
Federal Trade Commission v. Cleo AI, Inc. (FTC refunds; not a class action)
Also known as Cleo AI refund; Cleo app refund; Cleo cash advance; FTC v. Cleo AI; Rust Consulting; 1:25-cv-02594
The FTC said Cleo AI misled users about cash advance amounts and speed and made canceling hard.
Copied from the official notice. Last compared Nov 4, 2026.
- You could get
- A share of the fund $15.8 million fund, split among everyone who files.
Source
“Share of over $15.8 million, paid by PayPal”
From the administrator site: FTC refund page: Cleo AI Refunds. Last compared Nov 4, 2026.
- Payments
- Date passed, not confirmed Was set for Oct 27, 2026. Has it paid yet? See payment status.
Source
“Starting on October 27, 2026, the FTC will send 2,124,796 PayPal payments totaling more than $15.8 million”
From the administrator site: FTC refund page: Cleo AI Refunds. Last compared Nov 4, 2026.
- Claims
- No claim form needed
Source
“If you get a PayPal payment, please accept it within 30 days. ... between October 8, 2026 and October 26, 2026.”
From the administrator site: FTC refund page: Cleo AI Refunds. Last compared Nov 4, 2026.
- Who can file
- Paid Cleo AI for an instant cash advance
Source
“to people who paid Cleo AI for eligible instant cash advances. ... If you are eligible for a payment, you will get an email notification from [no-reply@consumersentinel.gov](mailto:no-reply@consumersentinel.gov)(link sends email) between October 8, 2026 and October 26, 2026.”
From the administrator site: FTC refund page: Cleo AI Refunds. Last compared Nov 4, 2026.
- Where
- Anywhere in the U.S.
Source
“people who paid Cleo AI for eligible instant cash advances”
From the administrator site: FTC refund page: Cleo AI Refunds. Last compared Nov 4, 2026.
Quick answers
How much is the Cleo AI cash advance FTC refunds settlement payout?
A share of the fund. $15.8 million fund, split among everyone who files.
Do I need to file a claim for the Cleo AI cash advance FTC refunds settlement?
No claim form. Payment is automatic. Accept the PayPal payment within 30 days. Eligible people were emailed from no-reply@consumersentinel.gov between October 8 and October 26, 2026.
When is the Cleo AI cash advance FTC refunds settlement payout date?
Was set for Oct 27, 2026.
Is the Cleo AI cash advance FTC refunds settlement legit?
The settlement administrator (the company that handles claims) is Federal Trade Commission, and the official site is www.ftc.gov. Real notices point there; if a link in a message goes anywhere else, do not use it.
The official site never asks you to pay to file.
Also ending this week
Related settlements
Confirm with the administrator before you act.
Case details
- Case
- Federal Trade Commission v. Cleo AI, Inc. (FTC refunds; not a class action)
- Court
- U.S. District Court, Southern District of New York
- Case number
- 1:25-cv-02594-ALC
- Administrator
- Federal Trade Commission
- Official site
- www.ftc.gov
- Settlement fund
- $17 million
- Full payout terms
- Share of over $15.8 million, paid by PayPal
Other dates
- Final approval granted
- From the docket entry. Order not read.Date the judge signed the FTC's Stipulated Order (Dkt. 17, signed April 25, 2025 by Judge Andrew L. Carter, Jr., entered on the docket April 28, 2025), from the docket entry. It is a court-entered FTC order, not approval of a class settlement. Source: court record
The court’s exact words
people who paid Cleo AI for eligible instant cash advances
Quoted from the official notice. Read the notice for the full definition.
Our notes: This is not a class action. It is an FTC lawsuit that ended in a court-entered Stipulated Order (signed April 25, 2025) requiring Cleo AI to pay $17 million. The FTC chose who is paid: 2,124,796 people who paid Cleo AI for eligible instant cash advances. There is no claim form; eligible people were emailed and are paid by PayPal.
You may be included if you paid Cleo AI for an eligible instant cash advance; the FTC picked who gets paid from records.
It covers only people the FTC picked; they were to be emailed between October 8 and October 26, 2026.
Sources and checks (4)
Every fact people act on was copied from the official source and compared with it. How we check
- FTC refund page: Cleo AI Refunds administrator site
- FTC press release, October 8, 2026: FTC Returns More than $15.8 Million to Consumers Misled by Cash Advance App Company Cleo AI administrator site
- CourtListener RECAP docket, FTC v. Cleo AI, Inc., S.D.N.Y. 1:25-cv-02594 court record
- Stipulated Order for Permanent Injunction, Monetary Judgment, and Other Relief, S.D.N.Y. 1:25-cv-02594-ALC, Dkt. 17 (CourtListener RECAP copy; pages 1 and 14 have no text layer and were read by OCR) court record
What changedLast change Nov 4, 2026
- Payment-status page created. The court signed the FTC's order on April 25, 2025, and the FTC says it will send 2,124,796 PayPal payments starting October 27, 2026. source document
Questions
I already filed. What now?
There is no claim form, so there was nothing to file. The administrator pays class members automatically, usually after final approval and any appeals. Never pay anyone to check on a payment.