Solar Lender · TILA-Class-Action Defendant

GoodLeap Watch.

GoodLeap (formerly Loanpal) is the largest U.S. solar lender, originating an estimated $20+ billion in solar loans. It's also the most-sued. The company is the named defendant in the In re GoodLeap MDL — a multi-district class action consolidating allegations that GoodLeap's dealer-fee model adds 22-30% in undisclosed markup to financed solar systems. CFPB-style enforcement is ongoing.

Also known as
Loanpal · GoodLeap LLC
Category
Solar Financing / Lender
Based / Founded
Roseville, California · 2003 (as Paramount Equity Mortgage, rebranded to Loanpal in 2018, to GoodLeap in 2021)

What GoodLeap is
accused of.

The following deceptive and negligent practices have been documented in lawsuits, AG enforcement actions, CFPB orders, and direct intake from affected homeowners. Click any pattern to read the full description in the Practices Catalog.

Hidden dealer fees of 18–30%

Inflates financed system price; pays dealer rebate to offer low advertised APRs

Details →
Elder financial abuse

Loans approved for cognitively-impaired homeowners with insufficient affordability review

Details →
TILA disclosure violations

Truth in Lending disclosures fail to separate dealer-fee markup from system cost

Details →
Forged or photo-traced signatures

Used by dealer network with insufficient GoodLeap vetting

Details →
Spanish-language § 1632 violations

Spanish-spoken sale + English-only contract

Details →

Lawsuits against
GoodLeap.

Current and historical legal actions. See the full Lawsuit Hub for the complete index across all solar companies.

In re GoodLeap Solar Loan Practices
E.D. Cal. · MDL 3168 · Filed Oct 2024

Active multi-district consolidation. $340M+ sought.

Martinez v. GoodLeap
N.D. Cal. · 3:24-cv-04419 · Filed Aug 2024

California TILA class action. Class certification pending.

Connecticut AG v. GoodLeap
CT Superior Ct · Settled Apr 2024

$11M settlement + dealer-fee disclosure reform.

Pearson v. GoodLeap
CA Superior Ct · Settled May 2024

$2.4M individual settlement (elder financial abuse).

Are you a GoodLeap customer?

Did you finance a solar system through GoodLeap (or Loanpal, its predecessor name) between 2018 and 2025? If any of the following match your situation, you likely have a case:

  • Signed solar loan with promotional APR under 4%
  • Financed amount exceeded local cash quote by 20%+
  • Found dealer markup line item only on amortization schedule
  • Elder homeowner signed alone
  • Contract negotiated in Spanish but provided in English