[2/4/17] A Hispanic civil rights group and a student at a taxpayer-funded university in California are suing Wells Fargo & Company in federal court in San Francisco because, the lawsuit claims, the banking giant is illegally refusing to provide student loans to immigrant students who entered the United States as minors and have deferments which block deportation.
The student plaintiff is Mitzie Perez, a junior at University of California, Riverside.
Perez entered the United States at age 5. She and her parents came to the United States illegally from Guatemala. She has lived in the United States since then.
The lawsuit claims that San Francisco-based Wells Fargo unjustly denied Perez’s application for a student loan in the summer of 2016 solely because she is an illegal immigrant.
Wells Fargo “outright refuses to extend loans to individuals who are not U.S. citizens or permanent residents,” the lawsuit, filed on Monday, claims.
The suit alleges that Wells Fargo’s refusal to provide student loans to illegal immigrant students is a violation of federal civil rights law as well as California civil rights law and the state’s unfair business practices law.