A special recording procedure for certain securities will be in effect until the end of 2025

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26.02.2024
SELF-BAN TO OBTAIN LOANS TO CITIZENS: A DRAFT LAW PASSED THE DUMA
Citizens will be able to self-prohibit the issuance of consumer loans. This can be done through the public services portal or multi-function centres, except for loans secured by a vehicle or mortgage, as well as educational loans with governmental support. 
According to the bill, banks and microfinance organisations should request information on the ban from credit bureaus. If there is a ban, the contract to be refused. If the contract is nevertheless made, it can be cancelled upon the request of a citizen.
 

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