Potential Individual Reward: Up to $3,000 per denial
Total Settlement Amount: N/A
Nationwide
Status: In progress
The settlement benefits a nationwide class of individuals living in any state other than California who had valid, unexpired Deferred Action for Childhood Arrivals (DACA) or Conditional Permanent Residence (CPR) status when they applied for SoFi financing but were denied for at least one loan between May 19, 2017, and Dec. 15, 2022.
The settlement also benefits a class of Californians who had valid, unexpired DACA or CPR status when they applied for SoFi financing but were denied for at least one loan between May 19, 2017, and Dec. 15, 2022.