New Visitor
Posts: 1
Registered: ‎01-10-2013

Direct Loans- Am I in default?

Last year I experienced a great personal tragedy while in my second year of grad school. I subsequently took the rest of the year off and didn't re enroll this past fall while still trying to rebuild my entire life. I've always kept my loan in mind, however was still under the impression that it was deferred until 2014. That was my booboo, I just learned that it went back into repayment last summer so now its showing 90+ as of 11/12 :smileysad:

Is this Default status, and will Direct Loans remove the 90+  bc I begin repaying?

Starting Score: 501 Lender Pull 1/13
Goal Score: 640

Take the myFICO Fitness Challenge
Community Leader
Senior Contributor
Posts: 4,336
Registered: ‎09-06-2008

Re: Direct Loans- Am I in default?

Sorry to hear of your troubles...but welcome to the forums :smileyhappy:


No, you are not quite in default yet, just very delinquent.  Repayment will not remove the 90+ days late remarks on your reports.

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.