Your legal rights are affected whether you act or don’t act. Read this website and the Notice carefully.
If you are a former ITT student who had a PEAKS student loan, a class action may affect your rights.
In this lawsuit, Aliff et al. v. Vervent, Inc. et al., Case No. 3:20-cv-00697 (S.D. Cal.), Plaintiffs claim that Defendants Vervent, Inc. (formerly “First Associates Loan Servicing”), Activate Financial, LLC, and certain individuals improperly collected money from former ITT students on PEAKS loans, which were deemed invalid in September 2020 and were cancelled.
This is a class action, and the Class includes all PEAKS loan borrowers who made a payment during the period on or after April 10, 2016. The Class also includes all PEAKS loan borrowers who made a payment on or after April 10, 2019, after receiving a letter or e-mail from Activate Financial.