Consumer loans may acquire passports

Project passports of consumer credit was taken today in the Moscow bankers "Bor." About what decision was made head of the credit institutions have not yet been reported. However, we know that the Association of Regional Banks of Russia (Arbre) has developed a series of recommendations on the use of such passports. So, Arbre proposed a standard table, which will be credited to all the main terms and conditions on consumer credit. It is about the cost of credit, the effective interest rate data bank or credit intermediary, as well as all the possible costs and legal possibilities of the borrower. This will allow potential customers to a more balanced assess their capabilities, as well as learn more about the terms of the loan agreement, the Vice-President Arbre Oleg Ivanov. According to him, such a measure is more than a year operating in the EU, in our country using the passport of consumer credit should also be a mandatory procedure for banks. Earlier, the regulators have prepared a draft law on consumer credit. " In accordance with financial institutions should fully inform the customer about credit conditions. In addition, the project envisages the empowerment of the borrower. True, according to Oleg Ivanov, the bill needs to be expanded, as long as he carries the continuous uncertainty and does not protect any rights of borrowers, not the interests of banks.