Starting from 2025, banks and microfinance institutions (MFOs) will not be able to take into account the income of customers they reported in the survey but did not document. This has been reported “News” Referring to the Central Bank.
Currently, financial institutions can rely on declared income when issuing loans of up to 50 thousand rubles and for the purchase of a car secured by it. However, the Central Bank identified cases where people stated inflated amounts of income that did not correspond to their real ability to pay.
According to the regulator, some clients declared multimillion-dollar incomes while actually having much less money. In this context, the Central Bank decided to ban the use of personal data regarding salaries.
The transition period until the end of 2024 will give banks and microfinance institutions time to develop alternative ways to verify customer income. Options include analyzing cell phone spending, contacting credit bureaus, and using scoring models.
According to experts, the innovation will primarily affect the issuance of small consumer loans and loans. At the same time, the auto loans segment has long operated without taking into account declared income.
The main purpose of the measure is to limit the risk of over-indebtedness of the population. The Central Bank implements a permanent policy aimed at preventing citizens from accumulating unsustainable debt.
Before that, it was known how many Russians there were. has taken loans in 2023
http://www.gazeta.ru/business/
Previously, Russians were advised not to take out foreign currency loans.