Russians can establish a partial self-ban on loans through State Services or MFC

Citizens of Russia can establish a partial self-ban on loans, limiting remote processing or introducing a ban for banks and microfinance organizations.

A self-ban can be set up free of charge through State Services or at the MFC, and it is valid indefinitely until the person removes it.

Such a tool can protect against fraudsters, making it more difficult for them to issue loans to a person remotely.

MOSCOW, October 1 - RIA Novosti. Russians can issue a partial self-ban on loans, that is, limit only remote loan processing or establish a ban only for banks or only for microfinance organizations, Commissioner for Human Rights in the Russian Federation Yana Lantratova told RIA Novosti.

The Federal Ombudsman recalled that Russian citizens have the opportunity to establish a self-ban on consumer credits and loans. This can be done for free through State Services or at the MFC - the information goes into the credit history, and the lender is obliged to check whether the ban is in effect before issuing money.

“Self-ban can be made complete or partial. For example, limiting only remote loan processing or establishing a ban only for banks or only for microfinance organizations. It is valid indefinitely - until the person lifts it himself,” Lantratova said.

She noted that such a tool could be useful for those who, in principle, do not intend to take out a consumer loan in the near future.