A bill was presented to the State Duma that would allow citizens to prohibit the issuance of loans and loans by banks and microfinance organizations (MFIs). In this respect writer “Kommersant”.
A bill was presented to the State Duma, establishing the right of citizens to prohibit the issuance of consumer loans and loans. You can block instantly for all loan types and individual types except mortgage and vehicle loan. To set a ban, the borrower will need to submit an application to all qualified credit history bureaus (CHBs) through the public services portal.
The publication stated that the ban would come into effect the very next day and that the ban could be lifted two days after the application was made. The main purpose of the bill is to prevent the application of fraudulent consumer loans by using the personal data of citizens.
Market experts agree that such a measure would be effective in combating fraudsters. At the same time, many experts were surprised that the document will only come into effect on July 1, 2024. In addition, there are some questions about the procedures, as operational errors can occur due to the low level of financial literacy and carelessness of citizens.
January 17, economist Mikhail Belyaev declarationYou can borrow and repay from an MFI to improve your credit history. According to him, the main factors affecting credit history are the quality and timing of payments. But other indicators are also taken into account.