Marketplace: As student loan repayments are set to restart, the Education Department looks to ease the transition

“Interest will be charged to borrowers accounts and … bills will be sent out. But if borrowers miss their payments, or there’s confusion, they pay the wrong amount … their credit reporting won’t be impacted, they won’t be put into delinquent or default status, and they won’t face late fees or collection costs or anything like that, as a result.”

Abby Shafroth, co-director of advocacy at the National Consumer Law Center