Abalone have unique features: the shell is round, with two to three spirals. The last spiral is grown into a large ear-like shape, which explains the name 'ear-shell'. The inside of the shell is shiny, from silvery white to green-red mother-of-pearl. Abalones can start to give birth at a small size.
1 This status can act a bit like a red flag to both you and the lender. 2  After a payment reaches 90 days past due the delinquent status will be reported to the three major credit bureaus and a mark negative mark will be added to your credit report.  After 270 days past due, a student loan is considered to be in default.
If your student loans end up in collection, itâs because youâve defaulted on them. If the distinction is confusing, just remember: All loans in collections are in default, but loans in default arenât necessarily in collections. Student loans go into default if you havenât made payments on your loans for 270 to 360 days.