Big Picture Loans High Interest Rates Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

This settlement resolves a class action against Big Picture Loans and Red Rock Tribal Lending, which does business as Castle Payday Loans, and also resolves other cases based in Virginia, California, Oregon, Georgia, and Massachusetts. The complaint alleged that the companies violated state usury laws and the Racketeer Influenced and Corrupt Organizations (RICO) Act, made loans to consumers at rates higher than allowed by state laws, engaged in lending without a license, and so on.

Docket Number:


Company: Big Picture Loans LLC

Filing Deadline: September 10, 2021

Class Period: June 22, 2013 to December 20, 2019

Objection Deadline: November 10, 2020

Final Approval Hearing: December 15, 2020

Proof of Purchase:

Presumably company records will be used for verification.


You may be eligible if you got a loan from Big Picture or Castle Payday between June 22, 2013 and December 20, 2019.

Typical Settlement Amount:

Benefits: (1) Consumer Refund: For those who repaid the loan and paid more than 2.5 times the original principal amount over the lifespan of the loan. Amounts refunded will depend on the amount of interest paid, as well as the number of valid claims received. (2) Reduced Interest on Pending Loans: For those whose loans are not yet paid off or are not more than 210 days delinquent or past due. Cap on interest at no more than 2.5 the principal amount. (3) Loan Forgiveness: For those who are now, or will become, more than 210 days in default. Cancellations of loans as a contested liability and cessation of collection activities. The companies will not assign, sell, or transfer these loans to other parties.

Total Settlement Amount: $8.7 million

Class Representative Proposed Incentive Fee:


Law Firms:
Berger & Montague
Consumer Litigation Associates PC
Kelly Guzzo PLC
Terrell Marshall Daudt & Willie PLLC

Claim Form: Big Picture Loans High Interest Rates Settlement Claim Form

Case Name: Renee Galloway, et al. v. James Williams, Jr., et al.

Settlement Website: Big Picture Loans High Interest Rates Settlement Website

Claims Administrator:
American Legal Claim Services

Claims Administrator Contact Information:

Big Picture Class Action
c/o Settlement Administrator
P.O. Box 23369
Jacksonville, FL 32241-3369

Tags: Excessive Interest Rate, Loan-Related Unfair Practices, Not Licensed to Make Loans, Not Properly Licensed for Debt Collection, Payday Loans, RICO laws