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.
Function. A credit rating scale rates how likely it is that a person will default on their loan. On the FICO credit rating scale, for example, anybody with a score of 780 and above has almost zero chance of defaulting on a loan. Someone with a score of 660 has a 1 in 72 chance of default on a loan.