Translation. Region: Russian Federal
Source: Central Bank of Russia –
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Laws The State Duma adopted a resolution on requirements for installment service operators and contracts with them.
Now sellers and installment service operators (intermediaries between the seller and the buyer) will not be able to disguise interest on deferred payments by setting different prices for goods in installments and for cash. The amount of fines that installment service operators can collect from users is also limited.
In addition, if the citizen’s installment obligations exceed 50 thousand rubles, the service operator will be obliged transfer this information to the credit bureau. This will help banks and microfinance organizations assess the level of a person's debt burden when applying for a loan or credit. Thus, citizens will be better protected from debt overload and default risks.
Legislators also gradually limited the maximum period of interest-free installments: from April 1, 2026 – 6 months, from April 1, 2028 – 4 months.
The changes will come into force on April 1, 2026.
Preview photo: Reshetnikov_art / Shutterstock / Fotodom
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