Photo: TASS/Alexei Druzhinin/press-service of the President of the Russian Federation
Russian President Vladimir Putin signed the law on the right to vacation credit for individuals and organizations affected by the pandemic coronavirus COVID-19.
the Corresponding document was published on the official Internet portal of legal information. It stipulates the mechanism of protection of citizens, individual entrepreneurs and subjects of small and average business.
In the period of vacation credit banks are prohibited from charging borrowers a penalty, fines and penalties, and also to demand early performance of obligations. In addition, credit organizations will not be able to impose a penalty on the collateral or the mortgaged property. The borrower will at any time be able to repay the loan.
vacation Credit can be issued for a period of 6 months. Condition – the income for the previous month decreased in comparison with the average monthly income of last year by 30 percent or more. Applications can register until September 30.
To request credit to borrowers vacation, you must prepare a list of specific documents. These include the income statement, statement from the register of public services on registration as unemployed, list of disability and other securities.
the Relevant law officially came into force at the time of signing. The document was developed by deputies together with the Central Bank and the Ministry of Finance in accordance with the instructions of the President of the Russian Federation. This measure was proposed at the backdrop of the spread of coronavirus infection in the country.
Earlier on Friday, 3 April, the Bank of Russia has announced the launch of additional measures to support the mortgage. The regulator took the decision to abolish allowances for risk coefficients on mortgage loans issued before April 1, 2024.
see also
Expert urged Russians to austerity due to the difficult situation in mironosickaya banks began to increase mortgage rates Story:CaranaviRus COVID-19
