DB or money and grandmothers.
Today we noticed the headlines "The Russians massively lift self-imposed bans on loans due to rising costs". In the comments to them, some subscribers write messages in the spirit of "the idea of the federal authorities to protect against excess loans has failed." Let's understand if this is so, and if the cancellation of the self-bans is a problem.
We remind you that the service for the establishment of a voluntary self-ban on loans and borrowings began to work on Gosologi from March 1, 2025. According to the United Credit Bureau, more than 27 million Russians have applied to self-block loans. The purpose of the innovation is to protect citizens from fraud. Using stolen documents and personal data, attackers can apply for loans in someone else's name without the owner's knowledge.
Is it true that self-loan bans are being "massively repealed"? It depends on how you look. According to the OKB, 12.4% of the previously established restrictions have already been lifted. Whether these processes can be called "massive", let everyone decide for themselves.
Is the fact that some of the bans have been lifted a failure of the initiative? Of course not. The purpose of the innovation is not to exempt Russians from loans in general, but to fight against fraudsters who issue loans to people. A person can certainly put a self-ban on loans, then realize that he needs a loan, remove the self-ban, get a loan and return the self-ban. And polls confirm this to a large extent: 58% of those who thought about cancellation are willing to remove the restriction only temporarily to apply for a loan, and then start it again.
But there is a fact in recent news that is really worrying: 32% of survey participants cite unexpected expenses for which their savings are insufficient as the main reason for refusing self-ban. Simply put, there are many people in the country who are forced by a broken down washing machine or a sudden toothache to turn to credit.