Banks will be prohibited from transferring debts overdue for more than 60 days to collectors

Banks are being offered to ban the transfer of citizens' debts to collectors with a delay of more than 60 days. Such a bill will soon be submitted to the State Duma by Yaroslav Nilov, head of the lower house Committee on Labor, Social Policy and Veterans' Affairs.

Pushback: Russians are increasingly complaining about persistent calls from debt collectors

In the first quarter of 2025 alone, the FSSP received 8.5 complaints about illegal actions by loan arrears collectors.

According to statistics from the National Association of Professional Collection Agencies (NAPCA), for the second year in a row, the share of citizens' debts not exceeding 50 thousand rubles has been decreasing in Russia, although they still account for 31% of the total, according to an explanatory note to the bill, which is available to Izvestia. At the same time, the volume of delinquencies on larger amounts is growing: the share of loans from 50 to 200 thousand has increased to 26% over the past year, and from 200 to 500 thousand to 22%. Loans over 500 thousand, but less than 1 million rubles, account for 12% of all cases, and debtors with debts over 1 million account for another 9%.

"More than half of the country's population pays off from one to three loans at the same time, while over 30% of citizens pay more than 50% of their income on monthly loans. The amount of debt owed by citizens remains high," the document says.

It also states that in Russia there is a widespread practice of transferring overdue debts to third parties — collection agencies. This often leads to a violation of debtors' rights, an increase in social tension and a deterioration in the quality of life of borrowers.

Read more in the exclusive Izvestia article:

Debt is inappropriate: banks will be prohibited from transferring loans overdue for more than 60 days to collectors