What the records show
July 2026 Block / state-AG agreed resolution → July agreed redress credit and 2030 fallback
sets credit and conditional fallback mechanism
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Existing CFPB redress satisfies the agreed USD 75–120m redress obligation; no second additive award. If at least USD 75m has not been paid in connection with that order by 16 January 2030, materially similar fallback plan must be proposed by 18 March 2030. March deadline is plan submission, not completed payment.
July settlement Multistate AG Executive Committee → July agreed redress credit and 2030 fallback
must approve conditional fallback plan before payment
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Defined eight-state committee reviews/approves materially similar fallback plan if condition triggers. Ongoing but incomplete federal payment requires an update; Block notifies committee within 10 days after sending CFPB its paragraph122 Redress Report. No internal vote rule or universal operating-policy veto.
July agreed redress credit and 2030 fallback → Required CFPB Redress Plan and allocation
credits payments under federal redress order
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Payments under docket 2025-CFPB-0001 satisfy state redress; July terms do not create a second independent consumer pool. Federal reserve/shortfall mechanics remain separate from proof of consumer receipt.
Read the original sources 3
What the connections say
3 relationships1July 2026 Block / state-AG agreed resolution → sets credit and conditional fallback mechanism → July agreed redress credit and 2030 fallback
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Existing CFPB redress satisfies the agreed USD 75–120m redress obligation; no second additive award. If at least USD 75m has not been paid in connection with that order by 16 January 2030, materially similar fallback plan must be proposed by 18 March 2030. March deadline is plan submission, not completed payment.
Read the original sources 3
2July agreed redress credit and 2030 fallback → credits payments under federal redress order → Required CFPB Redress Plan and allocation
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Payments under docket 2025-CFPB-0001 satisfy state redress; July terms do not create a second independent consumer pool. Federal reserve/shortfall mechanics remain separate from proof of consumer receipt.
Read the original sources 3
3July settlement Multistate AG Executive Committee → must approve conditional fallback plan before payment → July agreed redress credit and 2030 fallback
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Defined eight-state committee reviews/approves materially similar fallback plan if condition triggers. Ongoing but incomplete federal payment requires an update; Block notifies committee within 10 days after sending CFPB its paragraph122 Redress Report. No internal vote rule or universal operating-policy veto.
Read the original sources 2