Sponsored
Article Tools

Russia: Stronger Regulations for Market for Consumer Loans

Published: July 29, 2013; 14:29 · (Vindobona)

Business with consumer credits have started comparatively late in Russia. Now, the market is supposed to be regulated further.

Russia: Stronger Regulations for Market for Consumer Loans / Picture: © Flickr

Consumer credits in Russia are easy to get: Only two documents are needed for the transfer of the required sum of money on the next day – at least according to the promises made in advertisements of banks.

However, this trend holds many dangers for both bank clients and banking institutes. The former usually end up paying a lot more for interests, particularly for the purchase…

This article includes a total of 274 words.

or Log In