Controllers supported by the borrowers

Bill "On consumer credit", prepared by the authorities, must change position in the market in favor of borrowers. If he eventually is approved, the banks will be obliged to play fair with customers, however, themselves credit institutions are not ready. The new law, which was published yesterday on the website of Finance, has already caused a resonance in the banking community. Still, he is supposed to complete customer information, as well as an increase in its rights. Thus, according to the project borrower will be able within five days to consider the contract before signing it. In addition, the financial institution will have to provide exhaustive information about the conditions of the loan: credit terms, its limits and currency conditions for early redemption and possible penalties for late payment, etc. By the way, about the size of the accumulated delay banks will be obliged to report no later than one week since its inception, as a rule, does not meet the tactic is no organization, preferring to wait for the moment when the amount owed will be significant. Another interesting fact is that the borrower will be able, within 14 days after the conclusion of the contract and did refuse to provide credit. In this case, no valid reason for this is not required. Some experts have already said with irony that the new form potrebkredita more like buying things in stores that also can be returned without any explanation by the deadline. But this change does not end there. For example, banks can no longer send out credit cards, and if they do not believe that they will receive them in person. Term of the application will be reduced to 2 weeks, and charge for this service will already be impossible. The bill also touched on such important topics as the early repayment of the loan. It is planned that this can be done without payment of additional penalties and interest, the borrower will only pay the annual interest on the loan. Banks are also working with unsecured loans can not make such a lucrative contract for their services as insurance. True, some liberties regulators still preserved. For example, the draft says nothing about the maximum fine, and the ability to set different commission on loans and does receive legislative support.