Coordinated state settlement terms linked to existing federal redress
July 2026 Block / state-AG agreed resolution
The July 2026 Block resolution is a multistate agreement announced by 46 attorneys general, co-led by Oregon and Texas. Published state documents describe payment, customer-service, account-restriction and redress terms; court entry was not verified in the retained copies.
Amounts, obligations and document status
The agreement sets a $45 million state pool, including NAAG's allocation, payable within thirty days. Oregon shows party signatures but a blank court approval line; California's copy is labelled proposed. The stipulated effective date is 8 July 2026. Terms require extensive human phone and chat coverage, rather than round-the-clock human telephone support. Existing CFPB redress satisfies the $75–120 million redress obligation; if $75 million has not been paid by 16 January 2030, a fallback plan is due by 18 March 2030.
July 2026 Block / state-AG agreed resolution → Block
sets distinct transfer-error and anti-fraud duties
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Notice-of-Error evidence rights and credit timing have their own trigger, including no required contact with the P2P recipient/law enforcement before investigation. Fraud controls also identify suspected scam accounts and prevent operation/return. Neither universal closure-document access nor a prescribed Lantern supplier follows.
July 2026 Block / state-AG agreed resolution → Block
sets agreed restriction-review procedures
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Literal deadline By June 30, 2026 precedes stipulated effective date. Prompt notice, access information, review and reasonable restoration efforts have appropriateness/legal-prohibition qualifications. Flexible language does not say it replaces CFPB 24h notice/10-business-day appeal rules; breach or intent not inferred.
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.
Block legal officer signs 6 July and Oregon counsel 8 July; court approval line blank. Agreed state pool is USD 45m payable within 30 days, including NAAG allocation. No observed judicial entry, state receipt or additional second consumer-award total.
July 2026 Block / state-AG agreed resolution → Block
sets agreed support and escalation duties
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Live customer support 24h; human phone at least 13.5h including 5–6:30pm Pacific, human chat at least 18h, reasonable waits/callbacks and direct AG complaint contact. Not 24h human telephone service or proof service was delivered.
46 participating July Block-settlement AGs → July 2026 Block / state-AG agreed resolution
announced agreed multistate resolution
Announcement 8 July 2026.
8 July official announcement identifies 46 AGs, co-led by Oregon and Texas. Published California proposed and Oregon signed-party texts contain substantive terms; neither copy verifies court entry.
8 July official announcement identifies 46 AGs, co-led by Oregon and Texas. Published California proposed and Oregon signed-party texts contain substantive terms; neither copy verifies court entry.
Block legal officer signs 6 July and Oregon counsel 8 July; court approval line blank. Agreed state pool is USD 45m payable within 30 days, including NAAG allocation. No observed judicial entry, state receipt or additional second consumer-award total.
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Live customer support 24h; human phone at least 13.5h including 5–6:30pm Pacific, human chat at least 18h, reasonable waits/callbacks and direct AG complaint contact. Not 24h human telephone service or proof service was delivered.
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Literal deadline By June 30, 2026 precedes stipulated effective date. Prompt notice, access information, review and reasonable restoration efforts have appropriateness/legal-prohibition qualifications. Flexible language does not say it replaces CFPB 24h notice/10-business-day appeal rules; breach or intent not inferred.
State-specific agreed texts stipulate effective 8 July 2026. Party assent observed; judicial entry and subsequent changes/performance unverified.
Notice-of-Error evidence rights and credit timing have their own trigger, including no required contact with the P2P recipient/law enforcement before investigation. Fraud controls also identify suspected scam accounts and prevent operation/return. Neither universal closure-document access nor a prescribed Lantern supplier follows.
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.