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If you are late making your Direct loan monthly payments, your loan will be considered to be delinquent. Delinquencies on your Direct loan payments are reported to national credit bureaus after being 60 days late. After 240 days of being delinquent, the entire loan, including interest, becomes due immediately and in full. Loan default occurs after one is 270 days late. Having defaulted on your loan means that you have abandoned your responsibility to repay the loan.The consequences of loan default are severe:
There is no reason ever to default on your federal student loans. If you find that you are having difficulty making payments you should call your loan servicer immediately. You would be able to request a deferment or a forbearance, or change your repayment plan. Refer to the Tips to prevent loan default section for more information.