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Post: The mechanism for protecting rights in installment payment of goods in Russia will be determined


Buyers in the store. Archive photo

Putin was instructed to determine a mechanism for the protection of rights in the payment of goods in installments

MOSCOW, December 8 – RIA Novosti. Russian President Vladimir Putin informed the Council of Ministers and the Central Bank of the Russian Federation that until June 1, citizens will receive goods, works, services, etc. He instructed to determine a mechanism to protect their rights while making payments in interest-free installments. similar to a consumer loan, corresponding order It was published on the Kremlin’s website.

“The Government of the Russian Federation, together with the Bank of Russia, will ensure the definition of a mechanism to protect the rights of citizens and provide them with guarantees when purchasing goods (works, services, results of intellectual activity). Installment plans that do not charge citizens for their use, similar to the mechanism provided for in the consumer credit (credit) legislation of the Russian Federation… Deadline: June 1, 2024,” the order says.

Prime Minister of the Russian Federation Mikhail Mishustin and Governor of the Central Bank of the Russian Federation Elvira Nabiullina were appointed to implement the decision.

A man takes banknotes out of his wallet - RIA Novosti, 1920, 12/08/2023

Installment plans in Russia will only be provided by professional lenders

Source: Ria

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