D
Discover Bank
Discover Bank settled for $975,000 over claims it denied loans to eligible DACA recipients despite meeting lending requirements.
ClosedUnited States-wideClaim status: Closed on July 11, 2024Payout: $2,500No longer claimable
About this settlement
The case addresses alleged discrimination against DACA recipients in loan approvals by Discover Bank.
This settlement resolves claims that Discover Bank denied loans to Deferred Action for Childhood Arrivals (DACA) recipients who met lending requirements, requiring a U.S. citizen or lawful permanent resident cosigner to approve credit.
Who qualifies
- Recipients of valid and unexpired DACA status.
- Applied for Discover student, personal, or home loans between July 22, 2018 and February 29, 2024.
- Were declined credit or only approved after providing a U.S. citizen or lawful permanent resident cosigner.
$2,500
Claim status: Closed on July 11, 2024