Increase in spending on credit cards with no overdue debt in Russia

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Russians increased spending on credit cards with overdue debt of more than 90 days as they hit a five-year high. This was written by the agency “Prime”, referring to the press service of the credit history bureau “Scoring Bureau”.

“Average usage rate (limit share used) of credit cards at the end of February 2023, without delay, became 35.2% with an increase of 3.3 points compared to the same period of the previous year. The level of usage achieved is the highest in the last five years.”

Office General Manager Oleg Lagutkin estimated that the indicator will consolidate at 34-36% in the coming months.

In the press service of the “Scoring Bureau” in the first half of April reportedIn 2022, the rate of using two or more loans in Russia exceeded 50 percent for the first time.

In early February, Galina Sorokina, Professor of the Department of World Economy and International Economic Relations at the State University of Management recommendation Never borrow money from a bank to organize celebrations and entertainment.

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