This is a broad investigation and pending class action against Sallie Mae alleging its lending practices discriminate against African Americans and Hispanics.
One focus of our investigation concerns allegations that Sallie Mae's private student loan underwriting process discriminates against minorities attending schools with a high percentage of minority students.
The investigation has broaden to a review of the following sets of facts: Unfair collection practices, failure to timely disclose terms of loans, no choice in selecting your student loan lender, high or excessive interest rates, unexplained increase in the balance of your student loans and improper fees assessed on your student loans.
Name (Stock Symbol)
Sallie Mae (SLM Corporation) (SLM)
Sallie Mae, also known as SLM Corporation, through its subsidiaries, provides education finance in the United States.
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