How to File the loanDepot Data Breach Settlement Claim Form

The loanDepot data breach settlement claim form was the online or paper submission class members used to request their share of a $25 million cash fund, plus financial monitoring and out-of-pocket reimbursement, after hackers accessed personal information belonging to roughly 16.9 million people in January 2024.¹ The filing deadline was May 27, 2025, and no mechanism for late claims has been announced. If you already filed, your payment depends on final court approval and the resolution of any appeals.

Where Things Stand If You Already Filed

The settlement administrator is reviewing submitted claims for completeness. If your claim is missing documentation or contains conflicting information, you should receive a deficiency notice with a window to fix the problem. A deficiency notice is not a rejection. Respond promptly with the records requested and the claim can still move forward.

No money goes out until the court grants final approval. The final approval hearing was scheduled for August 25, 2025.¹ After that hearing, there is typically a period in which objectors or other parties can file appeals. The settlement becomes final, and payments are authorized, only once the judgment is no longer subject to appeal. Payments then go out by check or electronic transfer.

For status updates, check loandepotbreachsettlement.com or email the administrator at info@LoanDepotBreachSettlement.com.

What the Claim Form Required

Filing started with the claim number printed on the postcard notice mailed to class members. That number pulled up a pre-populated form on the settlement website where claimants confirmed their legal name, mailing address, and contact information.¹ An email address was required to enroll in the two years of free financial monitoring.

The form then asked whether you wanted reimbursement for out-of-pocket costs. Eligible expenses included card cancellation or replacement fees, credit monitoring you paid for yourself, credit freeze fees, costs to replace a driver’s license or state ID, and documented losses from identity theft or fraud.² The costs had to have occurred on or after January 3, 2024, and be traceable to information exposed in the breach.³

Every out-of-pocket claim needed supporting documentation. Useful records included bank or credit card statements showing unauthorized charges, receipts for credit monitoring services, phone bills showing calls to financial institutions, correspondence from a bank declining to reimburse fraudulent charges, credit freeze notices, and IRS letters about tax fraud filed in your name. The form was signed under penalty of perjury under 28 U.S.C. § 1746, so false information carries legal consequences beyond denial of the claim.⁴

What a Valid Claim Pays

The settlement created four benefit categories. Every claimant who filed a valid form is entitled to at least two, and some qualify for all four depending on their expenses and residency.²

A cash monetary payment, estimated between roughly $5.30 and $70.71 per person depending on how many claims were filed. If the per-person share would come in below $3.00, no monetary payments will be made and the court will decide how to distribute those funds.
Two years of financial monitoring and identity theft insurance through CyEx by Pango Group, including credit score tracking, bank account monitoring, dark web monitoring, home title monitoring, and $1,000,000 in identity theft insurance. A valid email address on the claim form was required to enroll.
Out-of-pocket cost reimbursement up to $5,000 per person for documented expenses traceable to the breach. The total pool is capped at $2 million, so if approved claims exceed that amount, payments are reduced proportionally.
A California subclass payment for qualifying residents, estimated between $14.90 and $149.04 per person, capped at $150.

How to Tell If You Were in the Class

The settlement class covers roughly 16,924,007 people in the United States who received an individualized notice from loanDepot indicating their personally identifiable information may have been compromised in the January 3 to 5, 2024 breach.¹ Most class members received a postcard or email after preliminary approval. People who did not receive a notice but believed their data was involved could check through the settlement administrator’s website or by emailing info@LoanDepotBreachSettlement.com.

California Residents

California residents who lived in the state between January 3, 2021, and the date the preliminary approval motion was filed qualified for an additional payment under the California Consumer Privacy Act.³ If your notice identified you as a California Subclass member, you were automatically included. If you were a California resident during the qualifying period but did not receive that specific notice, the claim form required an attestation plus documentation of residency, such as a utility bill or bank statement showing a California address during the covered period.

The subclass payment depends on participation. At a 2% participation rate the estimated amount is roughly $74.52 per person; at 10% it drops to about $14.90. No one receives more than $150 from this portion of the fund.²

If You Missed the Deadline

The claim deadline of May 27, 2025 has passed and no late-claim process has been announced. The related deadlines for opting out of the settlement or filing an objection with the court closed earlier, on April 27, 2025.¹ Class members who did nothing by those deadlines remain bound by the settlement’s release of claims but will not receive a payment or free monitoring.

1
In re loanDepot Data Breach Litigation. In re loanDepot Data Breach Litigation
2
In re loanDepot Data Breach Litigation. FAQs – In re loanDepot Data Breach Litigation
3
ClassAction.org. Class Action Settlement Agreement and Release
4
Office of the Law Revision Counsel. 28 USC 1746 – Unsworn Declarations Under Penalty of Perjury