About the investigation
The Tilt app (formerly known as “Empower”) provides short-term cash advances between $10 to $400 for users who link their bank accounts to Tilt.
Zimmerman Reed is investigating whether Tilt’s Cash Advances are considered “loans” or “credit” under the federal Truth in Lending Act and whether Tilt failed to make mandatory disclosures about the costs and interest charged for these Cash Advances in violation of federal law.
Proven violations of the Truth in Lending Act carry a statutory damages award of $400. However, we cannot guarantee any legal outcome.
If you have a Tilt account and received a Cash Advance, you may qualify for an arbitration compensation claim under federal and state laws.
Who Qualifies?
You likely qualify if:
- You used Tilt to obtain a cash advance
- You paid fees (including instant transfer and/or subscription fees)
Fill out the free Claim Form and we’ll confirm.
Will This Cost Money?
You will not be responsible for any fees or costs unless we obtain compensation for you. If we are not successful, you owe nothing.
What is the Truth in Lending Act?
The Truth in Lending Act (“TILA”), 15 U.S.C. §§ 1601–1667f, is a federal law governing certain consumer credit transactions. The law and its implementing regulations generally require clear disclosures of key terms—such as finance charges, the annual percentage rate, repayment schedule, and repayment terms—and may apply to short-term products like cash advances from Tilt.
Tilt markets its cash advances as “not loans,” with “no interest” and “no credit check.” However, Tilt charges some users a Subscription Fee and Instant Delivery Fee, evaluates a user’s qualifications to receive a Cash Advance, and automatically repays cash advances by direct withdrawals from users’ bank accounts. We are investigating whether Tilt’s Cash Advances are loans or other credit subject to TILA and its disclosure requirements.
TILA violations allow for statutory damages of $400, depending on the transaction type. However, we cannot guarantee any outcome in this case and you may receive nothing or substantially less than the statutory damages amount.
What is Arbitration?
Tilt’s Terms of Service require that legal claims be resolved through individual arbitration rather than in court. Arbitration is a way to settle disputes outside of court, which means we will not be filing a traditional lawsuit. In arbitration, a neutral third party, called an arbitrator, determines how the legal claim should be resolved, much like a judge would do in court. It’s also possible that your claim may resolve before starting the arbitration process. We anticipate representing other people with similar claims at the same time.
Why Choose Us?
Zimmerman Reed LLP represents consumers nationwide in complex litigation and arbitration. Our firm has recovered hundreds of millions of dollars on behalf of individuals harmed by deceptive financial practices.
More Questions?
Still not sure if this applies to you? Use the contact form and someone from our team will follow up shortly.