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Justice Department Secures Settlement to Resolve Discrimination Claims in Student Loans Against SouthEast Bank

01/19/2025 07:00 AM EST

The Justice Department announced today that SouthEast Bank agreed to pay $1.5 million to resolve allegations that it engaged in a pattern or practice of lending discrimination by disproportionately discouraging and denying Black and American Indian/Alaska Native (AI/AN) graduates seeking to refinance their student loans.

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