Starting from March this year, all Russians whose income has fallen by 30% will be able to take credit holidays on any type of consumer loans.
Photo: Svetlana MAKOVEEVA
Starting from March this year, all Russians whose income has fallen by 30% will be able to take credit holidays on any type of consumer loans. This was announced by the head of the State Duma Committee on the financial market, Anatoly Aksakov, in a conversation with Izvestia.
Remember that now only those who have mobilized and those who have taken out a mortgage are entitled to vacation credit. But starting in March this tool will be available to everyone who has issued a loan. The bill was submitted to the State Duma in September, it has already passed the first reading. Until the end of February, according to Anatoly Aksakov, the bill must be approved.
Credit vacations allow you to postpone loan payments to a later date without penalties or penalties. However, this will not save you from paying interest. They will continue to accrue monthly on the current debt. That is, after the end of the credit holiday, all debts to the bank will still have to be paid.
So, what are the conditions for granting credit vacations?
– The deferment of loan payments can be issued for six months if your income has decreased by at least 30% of the average monthly income of the last year.
– The loan amount should be from 450 thousand to 1.6 million rubles.
– You can request a temporary suspension of the loan once during the term of the loan agreement.
Credit vacations are not provided automatically. To do this, you need to apply to the bank that issued the loan.
The State Duma has no doubt that credit holidays will be in demand among Russians. According to the Central Bank, 8 to 10 million Russians have difficulty making loan payments. Every fourth or fifth borrower faces problems. Credit holidays allow the borrower to take a breather in a difficult situation and restore the financial situation. As explained by the Central Bank, after that, most borrowers return to loan payments.