Russians filed 5 million applications for self-ban on loans in as few as 10 days

Russians filed 5 million applications for self-ban on loans on the Public Services portal within March 1-10, the press service of the Ministry of Digital Development reported. 

Moreover, despite there is an option of partial ban on loans and credits issued by banks and microfinance organizations (MFOs), nevertheless, about 90% of applicants choose a complete ban. 

If a borrower is issued a loan despite the self-ban, financial institutions may not call for its redemption. 

Regions, where the self-bans are most frequent: 

Moscow — 951 thousand 

Saint Petersburg — 388 thousand 

Moscow Region — 307 thousand 

Krasnodar Region — 185 thousand 

Sverdlovsk Region — 160 thousand 

Bashkortostan — 146 thousand 

Tatarstan — 135 thousand 

Novosibirsk Region — 123 thousand 

Rostov Region — 115 thousand 

Chelyabinsk Region — 114 thousand

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