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How to Cancel or Get Out of a Dividend Solar Loan

Stuck with a Dividend Finance (Fifth Third Bank) solar loan you regret? Between a federal multidistrict lawsuit, the Minnesota AG suit, and hidden platform fees that have run into the tens of thousands of dollars, Dividend borrowers often have real leverage. Here is how to tell if you can cancel, dispute, or exit yours.

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Can you get out of a Dividend loan?

Often, yes — and Dividend is one of the lenders under the most active legal pressure. Whether you can cancel or dispute your loan turns on how it was sold and what you were told, but the platform fees and installer misrepresentations at the heart of your loan are the same issues a federal court has already let move forward against Dividend and Fifth Third. A free review of your documents will tell you where you stand.

Dividend is owned by Fifth Third Bank. If your paperwork or statements reference Fifth Third, it is the same loan — and both companies are named together in the current litigation.

Who is Dividend?

Dividend Solar Finance is a residential-solar lender that operates as the solar-lending division of Fifth Third Bank. Like other solar financiers, it doesn't sell or install panels — it funds deals originated by third-party installers, and that model sits at the center of the claims against it.

Why Dividend loans are under scrutiny

Dividend faces some of the most advanced litigation of any solar lender:

  • Federal MDL (2024). A multidistrict litigation — In re Dividend Solar Finance, LLC, and Fifth Third Bank Sales and Lending Practices Litigation — was created in the U.S. District Court for Minnesota, consolidating class actions, individual cases, and the Minnesota Attorney General's enforcement action.
  • Claims cleared to proceed (2025). A federal judge allowed fraud and predatory-lending claims to move forward against Dividend and Fifth Third, rejecting their bid to dismiss.
  • Hidden platform fees. Court filings put Dividend's platform fee at roughly 10–30% of a system's value. In one case, a $44,360 principal was documented as $70,661 — an undisclosed fee of about $26,300.
  • Underperformance & misrepresentation. Plaintiffs allege installers misrepresented energy, savings, and tax benefits, and that many systems underperform while the loan keeps billing.

These are allegations being litigated, not settled findings — but they map directly onto the grounds an individual homeowner can raise about their own loan.

Grounds to cancel or dispute a Dividend loan

Hidden platform / dealer fees

If a large platform fee — often 10–30% of the system's value — was baked into your financed amount without clear disclosure, that can support a claim that the loan's true cost was misrepresented. This is the exact issue a federal court has let proceed.

Installer misrepresentation

"Free" panels, guaranteed savings, inflated tax-credit promises, a disappearing bill — if the pitch didn't match your contract, a loan induced by false promises can be challenged.

Truth in Lending Act (TILA) violations

When fees are buried, the APR understated, or the amount financed misstated, that can be a TILA violation — which in some cases extends your right to rescind well beyond the standard window.

The 3-day right to cancel

If your loan was signed at your home, the FTC's Cooling-Off Rule generally gave you until midnight of the third business day to cancel, and many states add their own protections.

UCC-1 lien blocking your home

A UCC-1 fixture filing can surface in title work and stall a sale or refinance. Where the loan involved misrepresentation, it can often be challenged or cleared as part of a dispute.

A system that never worked as promised

If your system underperformed, was never activated, or your installer vanished while Dividend kept billing, that gap can support a breach or dispute claim.

How to get out of your Dividend loan

1

Gather your Dividend / Fifth Third documents

Your loan agreement, the Truth in Lending disclosure, the sales contract, and any fee breakdown. Compare the financed amount to the system's actual price — the gap is often the platform fee.

2

Identify your grounds

Match your situation to the grounds above — hidden fees, misrepresentation, a lien, a broken system. A free review confirms which are strongest.

3

Dispute in writing

Raise it with Dividend/Fifth Third and, where warranted, file complaints with the CFPB and your state attorney general.

4

Escalate — including the active MDL

Depending on your facts, the path may be negotiation, a referral to an attorney handling Dividend cases, or evaluating whether you fit the existing multidistrict litigation. You stay in control.

Dividend solar loan FAQ

Can I cancel my Dividend solar loan?

Possibly. If your loan was sold at your home you may have had a 3-day right to cancel, and beyond that, grounds like undisclosed platform fees, misrepresentation, or Truth in Lending Act violations can support cancelling or disputing the loan long after signing. Dividend's fee practices are the subject of a federal multidistrict litigation and a state attorney general suit, which is exactly the kind of issue that gives a borrower leverage. Whether it applies to your loan depends on your documents.

Is Dividend or Fifth Third Bank being sued?

Yes. In 2024 a federal multidistrict litigation (MDL) was created in Minnesota — In re Dividend Solar Finance, LLC, and Fifth Third Bank Sales and Lending Practices Litigation — consolidating class actions, individual suits, and the Minnesota Attorney General's enforcement action. In 2025 a federal judge allowed fraud and predatory-lending claims to move forward against both Dividend and Fifth Third. Whether you qualify for any claim is a question for a licensed attorney.

Who owns Dividend Finance?

Dividend Solar Finance is the solar-lending division of Fifth Third Bank, which acquired it. That is why your loan documents, statements, or servicing may reference Fifth Third. Both entities are named together in the current litigation.

Does Dividend charge platform or dealer fees?

Yes. According to court filings, Dividend's platform fee is typically between 10% and 30% of the system's actual value — and it can be substantial. In one plaintiff's case, the real loan principal was about $44,360, but the documents showed $70,661, reflecting an undisclosed platform fee of roughly $26,300. Undisclosed fees like this are a common basis for disputing a solar loan.

Does Dividend put a lien on my house?

Like other solar lenders, Dividend loans are commonly secured by a UCC-1 fixture filing tied to the equipment. It is not a mortgage, but it can appear in title work and stall a home sale or refinance until resolved. Where the loan involved misrepresentation, that filing can often be challenged as part of a dispute.

My installer misrepresented savings or my system underperforms — what can I do?

You may have grounds. A core allegation in the litigation is that Dividend partnered with installers who misrepresented expected energy, savings, and tax benefits, and that many systems underperform. That gap between what was promised and what was delivered can support a dispute against the financing.

How do I dispute Dividend or Fifth Third?

Gather your loan agreement and fee disclosures, then dispute in writing — to Dividend/Fifth Third and, where warranted, to the Consumer Financial Protection Bureau (CFPB) and your state attorney general. A written paper trail matters, and a free review can tell you the strongest path — including whether you fit the existing litigation.

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Keep reading

Sources & further reading:U.S. District Court, District of Minnesota — In re Dividend Solar Finance, LLC, and Fifth Third Bank Sales and Lending Practices Litigation (MDL 24-3128) (mnd.uscourts.gov); Minnesota Attorney General (ag.state.mn.us); pv magazine USA (pv-magazine-usa.com). Allegations described here are drawn from public filings and reports and have not been proven in court.