The central bank mentioned the new rules for issuing micro loans.
As of October 1, microfinance organizations have new rules: if a citizen already has two expensive outstanding loans, a third at the same high rate will not be issued to him temporarily. The manager of the branch of the Central Bank of the Zaporozhye region, Yevgeny Ovechkin, told the Zaporozhye news agency about it.
"Starting on April 1, 2027, another rule will appear: it is not possible to get a new loan at a full cost above 100% per year when there is at least one debt at the same rate. This was done in order to reduce the debt burden of the citizens," Ovechkin said.
The official website of the Central Bank of the Russian Federation.