Today, the head of the Central Bank took part in the International Banking Forum.
The chairman of the Bank of Russia Elvira Nabiullina stated in the Russian Federation there is an increase in cases of credit fraud, which became the basis for a proposal for the introduction of the so -called cooling period for small loans in the range from 50 to 200 thousand rubles, the correspondent of The Moscow Post reports.
She noted that the Central Bank is currently discussing the initiative, according to which the cooling period can be up to four hours.
During this time, a person himself will be able to realize that he was faced with scammers, or relatives will help him to understand what is happening.
Nabiullina emphasized that scammers are becoming more inventive, and they do not always manage to recognize their actions right away. Therefore, the introduction of cooling periods is necessary for all consumer loans, regardless of the presence of obvious signs of fraud.
In addition, she announced plans to tighten the requirements for microfinance organizations (MFIs) with high usure rates that should leave the market. The regulator intends to set restrictions on interest rates in order to increase consumer protection.