Fandango loanDepot settlements March 2025: What Most People Get Wrong

Fandango loanDepot settlements March 2025: What Most People Get Wrong

If you’ve checked your inbox lately and seen legalese about a "settlement," you aren't alone. It’s been a busy season for lawyers. Specifically, if you deal with movie tickets or home mortgages, you might be owed some cash. The Fandango loanDepot settlements March 2025 dates are hitting hard right now, and honestly, the window to act is closing faster than most people realize.

People often ignore these things. They think it’s a scam or that the "three cents" they’ll get isn't worth the five minutes of clicking. But with these two, the numbers are actually decent. We are talking about a $9 million pot for Fandango and a massive $86 million settlement for loanDepot regarding a data breach.

Here is the deal. You’ve got to know which class you fall into. Because for loanDepot, there isn't just one lawsuit—there are actually two different settlements moving through the pipes this month.

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Why the Fandango Settlement is Peaking Right Now

Fandango got caught in a bit of a mess regarding New York movie tickets. Basically, the lawsuit, Awad v. Fandango Media LLC, alleged the company wasn't upfront about convenience fees. If you bought tickets in New York between August 29, 2022, and March 11, 2024, you’re likely in the club.

The deadline is huge. You have until March 31, 2025, to get your claim in.

What do you get? It’s pretty straightforward. You can choose a $5 cash payment or a $10 voucher for "Fandango at Home." If you’re a frequent movie watcher, that voucher is basically a free rental. If you just want the coffee money, take the five bucks. The court already held the final fairness hearing in February, so the machinery is moving to start cutting checks once the claim period shuts down.

The loanDepot Double-Whammy

LoanDepot is a different beast entirely. It’s messier.

First, there is the EFTA (Electronic Funds Transfer Act) settlement. This one is for people who had money pulled from their accounts on a recurring basis without being given a copy of the authorization. If that happened to you between September 2021 and October 2023, the deadline to file was March 3, 2025. If you missed that one, you’re likely out of luck for that specific pool of money.

But the big one—the one everyone is talking about—is the $86 million data breach settlement.

This stems from a massive cyberattack in January 2024. About 16.9 million people had their sensitive info exposed. Social Security numbers, financial account details, the whole works.

What you can actually get from loanDepot

The payout structure here is surprisingly robust. It’s not just a flat fee for everyone.

  • Ordinary Losses: You can claim up to $2,500 for documented "out-of-pocket" expenses. Think credit monitoring you paid for or fees from identity theft.
  • Extraordinary Losses: If you can prove you were a victim of actual identity theft because of this breach, you might be eligible for up to $10,000.
  • California Bonus: If you live in the Golden State, there’s an extra slice of the pie thanks to the California Consumer Privacy Act (CCPA).
  • Pro Rata Cash: Even if you didn't lose a dime, you can still get a smaller cash payment just for being involved.

The claim deadline for the data breach is May 27, 2025, but the "March 2025" hype is because the settlement was just reached and the notices are flooding out now.

Don't Fall for the Scams

Because the Fandango loanDepot settlements March 2025 news is everywhere, scammers are having a field day. Kinda disgusting, right?

You will never, ever have to pay a "processing fee" to get your settlement money. If an email asks for your credit card to "verify" your identity for a class action payout, delete it. The real administrators (like Epiq or Kroll) will usually give you a unique Class Member ID in the mail or via email. Use that on the official settlement websites.

Official sites usually look a bit "government-boring." That's a good thing. For the loanDepot breach, the site is loanDepotBreachSettlement.com. For Fandango, it’s FandangoTicketFeeSettlement.com. Stick to those.

How to Handle Your Claims Today

Look, nobody likes paperwork. But $5 from Fandango and potentially hundreds (or thousands) from loanDepot is better than zero.

  1. Check your digital footprint. Search your email for "Notice of Class Action."
  2. Gather your "proof." For loanDepot, if you're claiming more than the base amount, find those bank statements or receipts for identity protection.
  3. Decide on your payout. Most of these now let you get paid via Venmo or Zelle. It's way faster than waiting for a paper check that’ll probably get lost in your junk mail.
  4. Mark the Fandango date. If you haven't filed for the ticket fee settlement, you have until March 31. Set a reminder on your phone.

The reality is that these companies count on high "attrition"—the fancy word for people being too lazy to fill out the form. Don't be that person. It takes two minutes to reclaim what is basically your own money.

If you were part of the loanDepot EFTA group, keep an eye out for the final approval hearing on April 21, 2025. That's when the judge gives the green light to actually start sending the money out. Until then, we wait.

Check your eligibility on the official portals using your unique ID. If you didn't get an ID but think you qualify, you can usually "self-identify" on the portals by providing the email or address associated with your old accounts.

Go file your Fandango claim before the March 31 cutoff.