$1M DACA Loan Applicants Discrimination Class Action Settlement

$1M DACA Loan Applicants Discrimination Class Action Settlement

Open Class Action Settlement

Unsplash | Published: April 9, 2024

Claim Form Deadline: July 11, 2024

Payout: $250 - $2,500

Proof required: Yes

What is The $1M DACA Loan Applicants Discrimination Class Action Settlement?

A nearly $1,000,000 class action settlement has been settled with Discover Bank over allegations that Discover illegally discriminated against DACA recipients who applied for various loans including personal, home, and student loans. DACA recipients are those that applied and were granted "Deferred Action for Childhood Arrivals." If you applied for a certain type of loan from Discover at any time from July 22, 2018 through February 29, 2024 you may qualify for a cash payment of up to $2,500 from the Discover class action settlement.

The DACA Discover class action lawsuit alleged that Discover Bank, also known as Discover, violated federal civil rights laws, as well as California civil rights law by discriminating against DACA recipients and denying them loans or only extending loans when DACA recipients would provide a permanent resident or U.S. citizen cosigner for their loan applications.

Discover has agreed to settle the nearly $1 million settlement, and has agreed to alter its business practices of making loans available to DACA recipients ranging from home loans, lines of credit to businesses, personal, and home loans.

Discover Bank, is owned by Discover Financial Services, and offers various financial services such as bank accounts, loans, home equity lines of credit, student loans, and a wide array of credit cards. As of 2023, Discover ranks as the 27th largest bank in the United States with over $150 billion of assets.

How Do I Qualify for a Payout?

To qualify for a payout from the DACA settlement you must have applied for a loan from Discover between July 22, 2018 and February 29, 2024, been a DACA recipient, and have either been denied a loan or approved only once you co-signed with someone who was a permanent resident or United States citizen.

If you were not a DACA recipient, or did not have DACA status at the time that you applied for and were denied any of the loans mentioned above from Discover, then you may not be part of the DACA discrimination settlement, and cannot submit a claim form.

How Do I Find Class Action Settlements?

Find all the latest Class Action Settlements you can qualify for by getting notified of new lawsuits as soon as they are open to claims:

How Much Can I Get?

Each Class Member that elects to receive a Class Payment will receive a cash payment from the DACA lending settlement based on the following criterea:

California Residents: May be eligible for a cash payment worth up to $2,500.00.

Non-California Residents: May be eligible for a cash payment worth up to $250.00.

How do I file a claim?

To qualify for a payment from DACA lending discrimination class action settlement you must submit a claim form by July 11, 2024.

Claim Form Website: LendingSettlementDACA.com

Submit Claim

Filing Class Action Settlement Claims

Please note that your claim form will be rejected if you submit a settlement claim for payout with any fraudulent information. By providing this information and your sworn statement of its veracity, you agree to do so under the penalty of perjury. You would also be harming others that actually qualify for the class action settlement. If you are not sure whether or not you qualify for this class action settlement, visit the class action administrator's website below. OpenClassActions.com is only providing information and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.
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