Is there a future loan?

In Moscow hosted the conference "Lending in Russia", which participants discussed the topical issues of cooperation between players in the market borrowing. Opened the forum manager of the subcommittee on banking law Duma Pavel Medvedev, who expressed their concerns in an effective work of the new law on microfinance and microfinance institutions. The MP called it "an alarm clock without a few details that did not work." The document provides for the issuance to clients of institutions for amounts up to 1 million rubles. As well as receive information from third-party loans to 1.5 million rubles. In fact, the organization within the scope of this act can take deposits from the population, but they will not insured, and market participants will not apply the financial controls, as is the case with banks. As a legislator, Mr Medvedev told a new initiative on Okhotny row - an amendment to the legislation that radically tighten the requirements for pawnshops. Planned to increase its authorized capital to 50 million rubles. "God forbid that Russia will have adopted such a law - there will be only one bank," - said the speaker, preferring not to voice the name of the institution. On new initiatives, the Federal Antimonopoly Service said head of the Financial Markets Julia Bondarev. To protect the interests of borrowers of its authority proposes to oblige the banks to indicate the total cost of credit on the first page of the contract, where by it will be given 5% of the A4 sheet in the upper right corner. She believes that today because of the bright advertising people make the decision about getting a loan for the graphical images, not really appreciating the amount you will pay. In her opinion, the government should set the limit on the bar payments from individuals for the collection of unsecured loans. It is also worth to determine the maximum bar fine for overdue payments and to refrain from sanctions for late payment of the loan in 1-2 days. And finally, should be established responsible for the banks, which benefit not work with the client during the growth of debt to certain maximum level. The smaller the action of banks - the more they have to people. From law enforcement Bondarev told about the case opened in Bashkortostan. There is a consumer cooperative was named a similar name with a local bank. People have invested money there, but when the problems started, they began to turn to the bank, which has created a special unit to respond to queries about his innocence to the work of the cooperative. The collapse of the credit system has predicted the president of consulting company "Neocon Michael Khazin. In his view, the current model has exhausted its possibilities. She was taken to the U.S., where growth in the number of loans contributed to increased demand and economic development. A few years ago was an important fact lending, and their return was a minor affair. This led to the fact that today in consumer activity people do not return the debt, and serve them. Thus, in the U.S. in the 1980's refinancing rate was equal to 19%, and today close to zero. This led to what the world has accumulated such debts that they can not be returned. Khazin sees three models for solving the problem: The first is that the loans can be returned if it is assumed hyperinflation, as it was 90 years of the last century in Russia. In this case, the affected population. But this model is hardly applicable to the solution of the credit issue in all the world. The second output - to collect the debts of companies in several institutions, which are then bankrupted. This experience was used partly in America, but it can not be extended to the whole country or the world - too much debt. The Third Japan's experience also difficult to copy. There's two decades have not noticed problems in the banking market, there is deflation, and the market is held at the expense of exports. None of the scenarios is not suitable for solving the problem. Even if all the borrowers get their debt - sharply reduced demand and the economy collapses. Michael Hazin knows what the collapse of the grain growing - in real estate. The rise in prices worldwide for residential and commercial areas is a consequence of credit, because real estate is primarily collateral. He predicts the next 5-8 years a significant increase in property tax. By this measure will force the government a hole in local budgets. In this case, the cost of housing will fall at a considerable pace. As a consequence - bank deposits will not be able to cover the cost of borrowing. Judge urges banks to pay attention not on the collateral, and that makes him the owner and can do the bank if the property goes to him. Will not help to ease the "credit deadlock" and the law on bankruptcy of physical persons. Even today, even businessmen are turning to banks an ultimatum offer: "prolongs us credit and we will pay the debt it quietly, or we go bankrupt and you do not get." This trend will soon be able to use ordinary people. Their concerns as expressed by the members of the Board of GE Money Bank Elman Mytho, who shared a conversation with his friend - a small businessman. He said that if the client before the crisis came on Saturday and bought a wallpaper, but now the situation has changed significantly. A customer comes in on Saturday, photographed on a mobile phone wallpaper, choose the right home, returned on Sunday and buy them, but next Saturday brings an extra roll, purchased as a reserve. People began to significantly save their money and come to any selection of a more deliberately. The Speaker stressed the important feature: the crisis of frightened consumers. Despite the growing number of cardholders, 87% of settlements in the West abruptly began to occur in cash. The main threat to the banking sector Mehdiyev sees the introduction of 1 January 2014 of a universal identification card. It will issue only a few banks. By default, it will be available to financial products, but abandon them can be written statement. By this measure, few resort, so most banks in the country in one day can lose its customers who will use the services of banks that issued the card ... All day the conference participants to discuss, share their views and suggested ways of developing a credit system in Russia. Probably none of them did not want Michael Khazina pessimistic projections come true one day.