Is Owed legit? An honest look at how we work (and our limits)

First, the obvious: we're reviewing ourselves

We score every settlement app we review — Claim, Settlemate, MoneyPilot, Payout — and it would be odd to skip our own. But a company grading itself is exactly the kind of content you should discount. So here's the deal: we'll describe what Owed does and doesn't do in the same structure we use for competitors, we'll put the limits in their own section, and every factual claim is something you can check on a third-party site, in our Terms and Privacy Policy, or by using the free tier without handing over anything you can't take back. Treat the 4.5 as "we think we'd earn it"; the rest of this page is the evidence.

What Owed is (and isn't)

Owed is a finder, filer and tracker. You answer a 9-question eligibility quiz, optionally connect an inbox so we can find receipts, and we match you against open, court-approved settlements — the kind in our settlements directory, from the TikTok privacy settlement to the Bank of America data-breach settlement. For each match we pre-fill the claim, you confirm the answers, and we submit it to the settlement administrator's official claim process, then show filed → approved → paid in your tracker with deadline reminders along the way.

What Owed is not: a law firm (we give no legal advice and don't represent you), a settlement administrator (Epiq, Kroll, Angeion and their peers decide eligibility and amounts and send the money), or a party to any lawsuit. The money never passes through us. If an app ever asks you to route a settlement check through it, that's a red flag — see how to spot settlement scams.

What's free, what costs money, and how we make money

Finding, filing and tracking claims is free, with no card required. There is one paid thing: optional concierge help on proof-heavy claims (auto-defect reimbursements like Hyundai, documented data-breach losses, minors' in-app purchase refunds), where we gather and organise the documentation for you. It's a small percentage, shown before you opt in, and charged only after the administrator pays you. Claims you file yourself through Owed carry no fee and no cut — ever.

So how do we make money? Two ways: those opt-in concierge fees, and the Earn money section of the dashboard, where survey, game and offer partners pay Owed when members complete activities and your share is credited to your wallet. You can ignore Earn money entirely and still file every claim free. A Save money subscription manager is coming soon — not live yet, so don't sign up for that.

What we can't promise

This is the section a marketing page wouldn't have. We don't decide anything. Administrators decide whether your claim is valid, courts approve the settlement, and payouts are often pro rata — your share shrinks as more valid claims come in. Our "estimated payout" is a range based on the settlement's published terms, not a quote. Claims take months: typically 3–12 months after the deadline, sometimes longer if there's an appeal (see how long settlement checks take). Claims can be denied, audited or reduced, and that's the administrator's call, not ours — though we'll show the status and help you respond if documents are requested.

One more thing we can't do: file claims you don't qualify for. Every claim form is signed under penalty of perjury. Our quiz only surfaces what you tell us you've used; if you stretch the truth, the administrator can reject the claim, and you've wasted everyone's time. Honest answers get paid.

How we handle your data

To file a claim an administrator needs your name, address, email and usually a phone number — so we collect those, and for some claims the last purchases or account details the form asks for. Inbox connect is optional. If you turn it on, we look for receipts and order confirmations that prove eligibility for proof-required claims; we only read purchase-related mail, and you can disconnect at any time from your profile. You can also delete your account and all associated data from the bottom of your profile page. What we don't do: sell your claim data to law firms (that's a different business model — see our ClassAction.org review for how lead-gen sites work) or ask for your Social Security number, bank login or a fee to file. Details are in the Privacy Policy.

Is Owed legit? How to verify us in five minutes

Don't trust a self-review. Do this instead:

1. Check a settlement we show you against a neutral source. Search the case name on ClassAction.org or find the administrator's official site. Same deadline, same payout terms? Good.
2. Run the quiz without connecting anything. You'll see your matches before giving us a card (we never ask for one) or an inbox.
3. After filing, look for the administrator's confirmation. Most official claim processes issue a claim number or confirmation email; that's your proof the claim exists outside Owed.
4. Read the Terms and Privacy Policy. Look for the words "not a law firm" and the concierge fee terms. If our claims here don't match the documents, email us via the contact page and we'll fix the page.
5. Read independent reviews. Owed reports 4.9★ from 12,400+ reviews (some are on our reviews page), but the app-store reviews and third-party sites are the unfiltered version. Weigh the complaints — they're usually about payout timing, which we don't control.
6. Watch where the money comes from. Your payment arrives from the settlement administrator, in the method you chose. Owed never asks you to pay to release it.

Where Owed falls short, and who shouldn't use it

If you enjoy doing it yourself, you don't need us. Every settlement has a free public claim site, and filing yourself vs. using an app is a fair fight if you're organised. If you don't want to share claimant details with any third party, file directly with the administrator. If you want a subscription manager today, ours is coming soon; MoneyPilot and Rocket Money have one now. If your claim is proof-heavy and you have the receipts, you may not need concierge help at all — our guide to proof of purchase shows where to find them. And if you want legal advice about opting out or suing on your own, talk to a lawyer; we're software. Everyone else: see what you're owed, check it against the sources above, and decide.

Glossary

Settlement administrator

The court-appointed company (Epiq, Kroll, Angeion, JND, Verita and others) that validates claims and sends payments. Owed files to it; it pays you.

Concierge claim

An Owed claim where we gather and organise documentation for a proof-heavy settlement, for a small percentage charged only after payout; always opt-in.

Attestation

The sworn statement on every claim form — signed under penalty of perjury — that you meet the class definition.

Pro rata

Payouts that shrink or grow depending on how many valid claims are filed against a fixed fund.

Inbox connect

Owed's optional feature that reads purchase-related email to find receipts proving eligibility; you can disconnect any time.

Claim tracker

The dashboard view showing each claim as filed, approved or paid, with deadline reminders.

FAQ