; and (ii) may not receive more than 8 such cancellations or repayments. (D) Prohibition on pressuring borrowers (i) In general A private education loan debt collector or creditor may not pressure a borrower of a private loan to elect to apply any amount received pursuant to paragraph (1) to any private education loan. (ii) Violations A violation of this subparagraph is deemed— (I) an unfair, deceptive, or abusive act or practice under Federal law in connection with any transaction with a consumer for a consumer financial product or service under section 1031 of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5531 )