Deputy Aksakov: State Duma plans to extend credit holidays until the end of 2023
MOSCOW, March 31 – RIA Novosti. Anatoly Aksakov, chairman of the State Duma financial market committee, told RIA Novosti that the State Duma will extend the credit holidays until the end of 2023, until a permanent law is adopted.
Today is the deadline for individuals, individual entrepreneurs (C) and small and medium-sized businesses (SMEs) to apply for a credit holiday to the lender for contracts signed before March 1, 2022.
State Duma approved consolidation of credit holidays for citizens at first reading
Aksakov added, “We will extend the Covid (overdraft) holidays … Now, an amendment has been prepared that extends the current covid holidays until the end of the year until we pass this permanent law.”
Since April 1, 2020, citizens, individual entrepreneurs and SMEs can apply for a credit holiday if their income has decreased by 30% or more due to the spread of the coronavirus. Credit holidays are provided for a period of up to six months. Later, this measure was extended until March 31, 2023, now the grace period will be offered to citizens and SMEs operating in the sectors most affected by the sanctions.
Earlier, the Bank of Russia told RIA Novosti that the regulatory agency “expects, by agreement with the government of the Russian Federation, to extend the program of credit holidays until the end of this year, in accordance with federal law No. 106-FZ.” The Central Bank also noted that a draft law on a permanent credit holiday mechanism for consumer loans and loans is in the process of being finalised. It will co-exist with the mortgage holidays, when the law came into effect on August 31, 2019.
At the first reading in December 2022, the State Duma passed the bill that permanently guarantees the right of citizens to take vacations on consumer loans. And in January, Izvestia newspaper reported, referring to Aksakov, that the law will come into effect permanently from March 2023.
The project of automatic information on a loan received was submitted to the State Duma
Source: Ria
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