People, out of inexperience, fall for the marketing tricks of alluring advertising, and then literally shake money out of them for years, even trying to evict them from their only home. It is necessary to firmly suppress attempts to cash in on the gullibility of our citizens. The gigantic interest rates of microfinance institutions should be banned.
Together with the deputies of our party, we have developed a bill that limits the interest rates of consumer loans to individuals. The document has been sent to the Government.
Now it is allowed to take from the borrower 0.8% per day and 292% per annum. That is, if you take 10 thousand before your salary, you need to return three times more, which many, due to financial illiteracy, do not even know about. The LDPR bill proposes to triple the rates on microcredits and reduce sanctions by 30% if the loan is taken for a year.
The microcredit market should be strictly regulated by the state. It is necessary to stop any attempts to profit from citizens.
