Starting in the first quarter of 2027, the central bank introduces strict restrictions on the car loan market, setting a deadline for car loans for seven years and consumer loans secured by cars for five years. The Bank of Russia explained that long-term payment schedules have become a popular trick of financial organizations: greatly stretching the terms allows banks to artificially mask the true debt burden of borrowers, officially understating the size of their monthly payment with a huge overall overpayment.