Mercury Financial $5.75M Maryland Loan Settlement – Claim Up to $100 Automatically
How Much Can You Receive?
If you had a credit card account issued by First Bank & Trust (FB&T) and serviced by Mercury Financial while residing in Maryland, and you made at least one payment on that account on or after August 2018, you may be eligible for an automatic cash payment of approximately $65 to $100.
Available Compensation:
💰 Estimated Payout – $65 to $100
Each eligible class member will receive an equal share of the net settlement fund after attorneys’ fees and administrative costs are deducted.
👥 One Payment Per Account
If there were co-borrowers on your account, you will be treated as a single class member and receive one payment.
About
Mercury Financial LLC agreed to a $5.75 million class action settlement to resolve claims that it illegally serviced personal loans under $25,000 in Maryland without a required state license.
The lawsuit alleged Mercury Financial:
Violated the Maryland Consumer Loan Law
Made or serviced loans without being licensed to do so
Collected payments on allegedly void or unenforceable loans
Mercury denies any wrongdoing but chose to settle to avoid the burden, risk, and expense of continuing litigation.
Who Can File a Claim?
You are automatically included in the class if:
You were a Maryland resident
You had a credit card account issued by First Bank & Trust SD (FB&T)
The account was serviced by Mercury Financial any time on or after August 2018
You made at least one payment on the loan
📌 Up to 60,000 Maryland residents may be eligible.
How to File a Claim
📭 No claim form is required.
Eligible class members will automatically receive a check at their last known address once the settlement receives final approval and any appeals are resolved.
Payout Methods:
✉️ Paper Check
(No electronic transfers available. Payments will be mailed.)
Don’t Miss Your Chance to Claim Compensation
If you had a Maryland-based credit card through FB&T and Mercury Financial serviced the account, you could automatically receive up to $100 without doing anything.
Deadline to request exclusion or objection: October 9, 2025
Final fairness hearing: November 5, 2025
Estimated payment: $65–$100 per account
Checks mailed automatically — no claim form needed
Keep an eye on your mailbox!