; and (C) in the case of a borrower in default, as an on-time monthly payment for purposes of loan rehabilitation pursuant to section 428F(a). (4) Reporting to consumer reporting agencies During the period in which the Secretary is making payments on a loan under paragraph (1), the Secretary shall ensure that, for the purpose of reporting information about the loan to a consumer reporting agency, any payment made by the Secretary is treated as if it were a regularly scheduled payment made by a borrower. (5) Notice of payments and program Not later than 15 days following the date of enactment of the Student Debt Emergency Relief Act, and monthly thereafter during the period of a national emergency, the Secretary shall provide a notice to all borrowers of loans made, insured, or guaranteed under part B, D, or E— (A) informing borrowers of the actions taken under this section; (B) providing borrowers with an easily accessible method to opt out of the benefits provided under this section