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SouthEast Bank agrees to $1.5M student loan discrimination settlement

Tiberiu Sabo

Jan. 20 (UPI) -- Officials for Tennessee's SouthEast Bank agreed to pay $1.5 million to settle federal claims accusing the bank of discriminating against black and aboriginal graduates seeking to refinance their student loans. The settlement resolves claims made by the Department of Justice accusing the bank of engaging in lending discrimination by allegedly disproportionately discouraging or denying student loan refinancing requests made by black and aboriginal college graduates. Advertisement

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SouthEast Bank agrees to $1.5M student loan discrimination settlement https://www.upi.com - 22.01.2025 21:05
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