The Russians scored a record of loans to repay loans

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Photo: Evgeny Odinokov / RIA Novosti

Russians for the first half of 2018 scored new loans to cover old by 68.3 billion. This exceeds the figures for the same period last year by 1.7 times, reports RIA Novosti with reference to naburo credit histories “Equifax”.

The average amount of consumer loan to refinance debt rose by 17 percent and amounted to 520 thousand roubles.

On 1 October it was reported that every fifth Russian citizen older than 60 years took the Bank at least one credit. The average debt of retirees is 107.2 thousand rubles.

On 20 August the rating Agency “Expert” warned that the unjustified increase consumer crediting can to provoke Russia banking crisis within two years. According to analysts, the VAT increase and fuel prices and the depreciation of the ruble will lead to lower solvency of the population, real income which in recent years did not grow. All of this should provoke a rise in defaults on loans to individuals in 2019-2020

Video, photo All from Russia.

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