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Russia may limit the maximum amount of debt on the loan

В России могут ограничить максимальную сумму долга по кредиту

In Russia may limit the maximum amount of debt on loans. The corresponding bill submitted to the Duma.

The document establishes that the set of monetary obligations of the borrower on one loan contract may not exceed three times the amount of such consumer loan. That is, the borrower cannot be more than three times more than you did. According to the authors, this will protect the rights of borrowers and their guarantors.

The lawmakers did not hide: the project aims prede the only microfinance organization, which often make loans under huge percent, reaching 500-800 per year, according to news Agency “SeverInform”with reference to RIA Novosti.

At the beginning of 2016 debts to the banks had 38 million people.

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