Due to the weakening of the ruble, Russians are forced to borrow more often for large purchases from microfinance institutions. It has been reported DEA NewsHe cites analysts of the online finance platform Webbankir.
According to experts, in the summer of this year, the share of loans for large purchases such as electronics, appliances, clothing and furniture almost doubled. That is, from 5.2% in April-May 2023, it increased to 10.3% in June-July.
Analysts emphasized that, unlike previously, the share of such loans has decreased, reaching its minimum level in the past few years in the spring of 2023. This summer, although not very important, the share of loans extended by Russians for urgent needs has also increased. In the spring, such applications accounted for 17%. Now they have increased to 21.2%.
Experts believe that this trend is typical of times of economic turbulence, where it becomes difficult for people to plan their budgets and there is the possibility of unpredictable spending. Therefore, against the background of a weakening ruble, Russians are urgently starting to buy equipment, electronics and other goods, the purchase of which was previously postponed to a later period. In the opinion of analysts, such behavior is not always rational and does not contribute to the preservation of savings.
Previously reportedOn the morning of Monday, August 14, the dollar rate exceeded 101 rubles for the first time in the last year and a half on the Moscow Stock Exchange.
Previously recognizedHow the weakening of the ruble will affect the state of the economy.