Just Russia Proposes Loan Forgiveness and Credit Holidays for Service Members

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The leadership of Just Russia — For Truth has proposed a bold move to ease debt pressures for SVO participants. Sergei Mironov urged banks to offer a one-time, comprehensive write-off of loans in default, including any unpaid interest and penalties accrued up to the moment of application. The plan would also allow the bank to be reimbursed up to 50 percent of the forgiven debt from the federal budget, providing a public subsidy to encourage such relief.

Mironov stressed that, although the idea has yet to win government backing, the faction is determined to push for a practical solution that supports families and service members facing financial strain during mobilization. The aim is to prevent long-term hardship while maintaining financial stability for lending institutions through governmental compensation.

Earlier, it was noted that the State Duma would consider a bill prioritizing credit holidays for mobilized civilians and contracted military personnel. If enacted, borrowers could enjoy a full delay in loan payments for the duration of their service or, alternatively, a substantial reduction in payments during that period. The measure seeks to safeguard the financial well-being of service members and their dependents while they fulfill national duties.

In addition, the draft law contemplates the total or partial termination of loan obligations for dependents or military personnel in the unfortunate event of a service member’s death, ensuring relief for families during a difficult time. Several factions contributed to drafting the proposal, raising the likelihood of swift adoption in the legislature. [Source: parliamentary briefings and party statements]

In related notes, local developments included practical changes at the border and digital life. A pedestrian crossing was authorized at the checkpoint on the Georgian border, facilitating safer and more convenient movement for travelers in the region. Separately, the social platform infrastructure expanded, with a provision allowing posts and interactions to be read on In contact with, reflecting ongoing modernization of online communication channels used by the public. [Source: regional updates and government notices]

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