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with eligible immediate deposits and opt-in** Choose-in expected. Account have to have initial suitable direct deposits, should be in superior standing and have an activated chip-enabled debit card to choose-in. Ongoing suitable direct deposits as well as other standards apply to maintain eligibility for overdraft defense. Only debit card purchase transactions are suitable for overdraft protection and overdrafts are paid out at our discretion. We reserve the right to not pay overdrafts.
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In accordance with the Secretary's authority below area 432(a) in the HEA to waive repayment of a loan, the Department issued the NPRM to specify the Secretary's discretion to deliver qualified debt relief to borrowers dealing with distinct challenges repaying their student loans.
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