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The first applications for credit holidays began to go to banks
The first appeals from borrowers affected by the situation with the coronavirus began to arrive in Russian banks. In their applications, citizens are asked to grant them credit vacations or restructure loans.
As the TASS, customers refer to a reduction in income, for example, due to a reduction in the working week at the enterprise, or forced sick leave after traveling abroad. Appeals are received from employees of the tourism business, where the most difficult situation is now observed.
So far, these are only isolated cases. Basically, customers inform banks that they have temporary difficulties and will resume payments in the near future.
This week Vladimir Putin instructed enter vacation on consumer and mortgage loans due to the coronavirus and the deteriorating economic situation in the country. If the payment of the debt turns out to be impossible, the citizen must be declared bankrupt.