Enrolled | The learner is presently enrolled in the program and is either on full deferral, where no payments are currently due but interest is accruing, or is making interest-only payments |
Repayment | Learner is making principal and interest payments |
Paid In Full | Learner's loan is paid off or there is no balance remaining |
Deferment / Forbearance | The learner has established a payment agreement to either make lower payments or interest-only payments |
Accelerated | Learner is 120 days past due or more, and the total loan amount is now due |
Collection | Learner's account has been sent to a collections agency |
Default | Loans is over 120 days late, but it hasn't been charged off or sent to Collections yet |
Charge Off / Write Off | Loan has defaulted, and the remaining balance has been written off |
Bankruptcy | Borrower has filed for bankruptcy, and Climb is no longer actively collecting on the student |
Canceled | Loan has been cancelled |
Compromise |
Loan was in collections, and the borrower settled with the collections agency |
Transferred out |
The loan has been moved out of the previous servicer |