Westlake Financial Services has agreed to a $1.2 million class action lawsuit settlement to resolve claims it charged illegal fees for using certain payment methods on loans.
The settlement benefits individuals with a retail installment contract assigned to Westlake who paid a convenience fee to ACI Payments in connection with a payment on their Westlake account between June 20, 2022, and Aug. 18, 2025.
Plaintiffs in the class action lawsuit claim Westlake charged illegal fees when borrowers made payments on their accounts through ACI Payments. These fees allegedly violated California debt collection laws…