News Flash: Lawsuit Accuses SoFi of Denying Loans to Immigrants

News Flash: Lawsuit Accuses SoFi of Denying Loans to Immigrants

On Monday, April 12, 2021 a federal judge refused to dismiss “a civil rights class action against Social Finance Inc. (SoFi), a San Francisco-based online lending platform, that allegedly denied loans to immigrants who were legally residing in the United States when they applied for credit.” The lawsuit was filed in May 2020 in the…