Carolina Lease Management Group $7M Class Action Settlement

Carolina Lease Management Group LLC and CTH Rentals LLC

Consumers who entered into a rent-to-own agreement for a storage building with Carolina Lease Management Group and received a collections notice on or after March 10, 2018, may qualify to receive payment from a class action settlement.

Carolina Lease Management Group LLC and CTH Rentals LLC agreed to pay $6,998,328.87 to settle a class action lawsuit alleging they violated North Carolina laws regarding charges and collection practices on rent-to-own storage building agreements.

Who is eligible for a Carolina Lease payout?

The class includes individuals who entered into a rent-to-own agreement for a storage building with Carolina Lease Management Group and received collections communications from CTH Rentals on or after March 10, 2018.

How much can class members get?

Pro rata payment: The total settlement fund is $6,998,328.87. The amount each class member receives depends on several factors:

The amount they paid to Carolina Lease Management Group on or after March 10, 2018, under the rent-to-own contract
The total amount of class members
The total amount paid by all class members during the relevant period
Deductions for attorneys' fees, costs, service awards and administration expenses from the settlement fund

The settlement administrator will distribute remaining funds to class members on a proportional (pro rata) basis. This means that each class member’s payment will be based on the share of their payments compared to the total payments all class members made during the relevant period. Class members who paid more to Carolina Lease Management Group or CTH Rentals during the relevant period will receive a larger share of the settlement. Class members who paid less will receive a smaller share.

If any money remains after all payments are made, the settlement administrator will donate it to the North Carolina Justice Center, subject to court approval.

No action needed to receive payment

Class members do not need to file a claim to receive compensation.The settlement administrator already has the information needed to identify class members and process payments.

Class members who received a notice about the settlement at their address will automatically receive a check at that address. Class members who would like to receive their payment by a different method must provide updated payment information on the settlement website or mail it to the settlement administrator by Oct. 28, 2025. To submit the information online, class members need the notice ID and PIN from their settlement notice.

To submit a name change due to marriage, divorce or court order, class members must mail legal documentation and a copy of their driver’s license or state ID to the settlement administrator.

To receive payment on behalf of a deceased class member, class members must mail a copy of the death certificate and documentation showing the new payee is the legal beneficiary to the settlement administrator.

Settlement administrator's mailing address: Bland v CLMG Class Action, c/o Settlement Administrator, PO Box 23680, Jacksonville, FL 32241-3680.

$7 million settlement fund breakdown

The $6,998,328.87 settlement fund covers:

Settlement administration costs: To be determined
Attorneys' fees: Up to $2,309,448.53
Attorneys' costs: To be determined
Service awards to class representatives: $10,000 each to three representatives ($30,000 total)
Payments to eligible class members: Remainder of the fund

Important dates

Deadline to opt out: Oct. 13, 2025
Settlement approval hearing: Oct. 28, 2025

When is the Bland v. Carolina Lease Management Group settlement payout date?

The settlement administrator will make payments after the court grants final approval of the settlement at the settlement approval hearing.

Why was there a class action lawsuit?

This class action lawsuit alleged Carolina Lease Management Group and CTH Rentals violated North Carolina laws by charging excessive amounts on rent-to-own agreements and engaging in improper debt collection practices.

The companies denied any wrongdoing but agreed to settle to avoid the costs and risks of continued litigation.