Resolving Delinquency for Federal Student Loans
Should your federal loans are overdue, it is crucial to find out how long overdue they have been by calling or logging on to your loan servicer ’s website. Here are some milestones to watch out for:
| Days overdue | Negative Affects to credit history | Late costs | in a position to Resolve |
|---|---|---|---|
| Between 1 – 89 times | No | feasible | Yes |
| Between 90 – 269 days | Yes | feasible | Yes |
| Between 270 – 330 | Yes | Possible | Loan is technically in standard but could possibly be solved |
| Over 330 times | Yes | feasible | No. |