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DACA Lending Settlement

Checked October 14, 2026 against the official notice · Edited by Ferhat Abdullahoglu

If you had DACA or CPR status and were denied a loan by SoFi between May 19, 2017, and December 15, 2022, you may be eligible for a cash payment. Eligible class members can receive up to $1,000 per denial, or up to $3,000 per denial if they lived in California.

Who qualifies

  • Between May 19, 2017 and December 15, 2022.
  • Anywhere in the United States.
“If you had Deferred Action for Childhood Arrivals (“DACA”) or Conditional Permanent Residence (“CPR”) status when you sought and were denied loans from SoFi, you could get one or more cash payments from this class action settlement.”From the court-approved notice

How to file

The claim deadline has passed. If you filed, payments follow the court's final approval.

Key dates

Opt-out and objection deadlineMarch 6, 2023
Claim deadlineMarch 21, 2023
Final approval hearingMay 11, 2023
PaymentsAfter final approval

When settlements pay, and what can delay it.

Is this settlement legit?

Yes. It's a court-approved class action settlement in the United States District Court Northern District of California (case 4:20-cv-03386-HSG), run by Rust Consulting. The official site is dacalendingsettlement.com. You never pay to file a claim. How to check a settlement notice.

Related settlements

ClaimWell summarizes the official notice so it's easier to read. It isn't legal advice; the official settlement site is the authority on who qualifies and what each claim pays.