In Russia, it is planned to simplify the conditions for repayment of overdue loans to citizens. The newspaper reports this.”News“
According to the publication, it is planned to make changes to the procedure for writing off loan payments if the borrower makes insufficient payments in an amount less than the established monthly payment. Currently, the following sequence is followed: First the debt is repaid, then a penalty is imposed on the bank, and only then interest and principal are accrued.
It was previously known that interest rates on consumer loans will be at least 15.5 percent due to the increase in the key interest rate of the Central Bank of Russia (CBRF).
Starting September 1, the Bank of Russia has tightened requirements for unsecured loans such as consumer loans and credit cards. The Central Bank of the Russian Federation has increased the so-called premiums on risk rates for unsecured loans, which increases the burden on the bank’s capital. The higher it is, the more capital reserves the bank needs. Additional fees allow you to save an additional amount of money that the bank can use in the future. For example, to cover your losses from overdue loans. Who will be affected by the innovation, how expensive will loans become and what will happen to the lending market in Russia – in the material “Newspapers.Ru“
Formerly in the State Duma offered Prohibiting loans to foreign agencies.