In the State Duma told about the nuances of the work of the self-loan self-loan ban

The law of self-loan ban, which will come into force on March 1, applies exclusively to unsecured loans and credits, as well as yf credit cards. This was reported to "RIA Novosti" on February 21 by the head of the State Duma Committee on property issues Sergey Gavrilov.

"It is important to note that the self-limit applies exclusively to unsecured loans and credits, including credit cards. In addition, under the restriction should fall installment services BNPL (buy now, pay later), where there is a standard conclusion of a loan or credit agreement with a bank or microfinance organization," he said.

In addition, the restriction does not affect mortgages, car loans, as well as educational loans with state support, where collateral is provided.

It is noted that to set a self-prohibition must apply through the portal "Gosuservices", where you will need to specify personal data, as well as choose the parameters of the ban: a complete rejection of consumer loans or restriction only on remote ways of registration. Later, this information goes to the credit bureau, after which creditors take into account the data of the ban when deciding on the loan.

The head of the State Duma Committee specified that in the presence of a valid self-prohibition credit and microfinance organizations are obliged to refuse to conclude a loan agreement, and in case of violation the creditor loses the right to demand fulfillment of obligations under the contract, the citizen can exclude the corresponding record from his credit history and recognize the contract as invalid.

Earlier, February 9, a lawyer, head of the Center for Law Enforcement in Moscow and Moscow region Alexander Khaminsky told "Izvestia" about the details of the self-ban on the issuance of loans. He noted that when applying for installments, it is necessary to pay attention to what documents are signed. On some marketplaces the installment service is a loan from the legal point of view, while on others it is not. That is, everything depends on the specific conditions of the marketplace, and the self-prohibition on loans may not work everywhere.