The term of consumer loans in Russia has reached almost one and a half years

At the end of August, the average term of a consumer (POS) loan in Russia increased sharply and reached almost one and a half years. This is evidenced by data from the National Bureau of Credit Histories (NBKI), which Lenta.ru reviewed.

By the beginning of autumn, the figure reached 17.8 months, analysts said. In annual terms, it jumped by 27.2 percent. Thus, in August last year, the average term of a consumer loan in the domestic market was 14 months.

The figure has been growing for the fourth month in a row, experts say. Compared to the July value, it increased by 13.9 percent. In midsummer 2026, the average was 15.7 months.

The result achieved in August, the industry bureau explained, was the maximum since the beginning of 2024. Increasing loan terms, explained NBKI Marketing Director Alexey Volkov, allows banks to control the debt burden of borrowers by reducing the monthly payment. Thus, he explained, the quality of the loan portfolio of financial organizations is stabilized. “Banks’ risk appetite is still at a fairly low level,” Volkov stated.