loan holder who receives any monthly payment pursuant to this section must modify all private education loan contracts that it holds to provide for the same repayment plan and forgiveness terms available to Direct Loans borrowers under 34 C.F.R. § 685.209(c), in effect as of January 1, 2020. (2) For a borrower who has defaulted on the private education loan under the terms of the promissory note prior to any loan payment made or forbearance granted under this section, no payment made or forbearance granted under this section shall be considered an event that impacts the calculation of the applicable state statutes of limitation. (3) A private education loan debt collector, as that term is defined in the Federal Debt Collection Practices Act, may not pressure a borrower to elect to apply the amount to any private education loan. Pressure is defined as any communication, recommendation or other similar communication, other than providing basic information about a borrower’s options, urging a borrower to make this election. Violation of this provision shall be an unfair practice in violation of 15 U.S.C. § 1692f. (4) A private education loan debt collector or creditor may not pressure a borrower to elect to apply the amount to any private education loan. Pressure is defined as any communication, recommendation or other similar communication, other than providing basic information about a borrower’s options, urging a borrower to make this election. Violation of this provision shall be an abusive act or practice as defined by 12 U.S.C. § 5531. (5) For a borrower who has defaulted on the private education loan, under the terms of the promissory note, prior to any loan payment made under this section, no loan relief provided under this section shall be considered an event that impacts the calculation of the applicable state statutes of limitation. (c) Minimum relief for private student loan borrowers as a result of the COVID–19 national emergency (1) Minimum student loan relief as a result of the COVID–19 national