Welcome to the Dobosenski v. Payday America, Inc. Class Action Settlement Website


The Court granted final approval of this Class Action Settlement on August 24, 2018. You can review the Order granting final approval of class action settlement and attorneys’ fees, costs and class representative award here. The Judgement of Dismissal is here.

If you are a person residing in Minnesota who, from October 2, 2013 to December 31, 2016, entered into one or more consumer short-term loans with Payday America, Inc. for a loan or advance on a credit limit of $1,000 or less, and were assessed a finance charge at the time of origination, and received a “Periodic Statement of Cash Advance Feature” where the actual annual percentage rate (APR) for each loan was in less than 24 point type, you are a class member in this class action lawsuit. In addition, all persons identified above who were sent letters by Payday America, Inc., informing the class member of loan default and/or who were served with process in one or more collection lawsuits in a Conciliation Court in Minnesota are part of a “debt-collection sub-class” in this class action lawsuit.

In October 2015, former Plaintiff, Randy Merle Holte,* commenced a lawsuit against Payday America alleging that the loans he entered into were unlawful under Minnesota state law because (1) certain fees that were assessed exceeded the maximum allowed by law; (2) that the annual percentage rates calculated for each loan were not properly disclosed; and (3) that Payday America engaged in prohibited debt collection practices in connection with loans in default.

Payday America denies the allegations of wrongdoing made in the lawsuit, and denies any liability with respect to the facts and claims alleged in the lawsuit. The Settlement Agreement reached by the parties on June 7, 2018 (the “Settlement”) is entered into by way of compromise and for settlement purposes only.

* Jason Dobosenski was substituted in place of Randy Merle Holte as named Plaintiff and Class Representative on behalf of the certified class on October 11, 2017. 

To learn more, read the Court Documents or see the answers to the Frequently Asked Questions provided on the website.