The Bank of Russia recommended that credit institutions accept applications for loan holidays in a simplified manner from borrowers affected by floods. This is stated in the message of the Central Bank.
Currently, borrowers whose loan amount does not exceed 1.6 million rubles are eligible for deferred payments. — for car loans, 150 thousand rubles. — for credit cards or 450 thousand rubles. — for other loans and borrowings.
If the debt exceeds the established limits, the regulator recommended that creditors restructure the contracts of the victims according to their own programs — up to debt forgiveness in special situations, as well as not to foreclose on the mortgaged property.
The Central Bank recommended that insurers simplify and accelerate the settlement of losses under insurance contracts for flood victims. In particular, companies are invited to independently request the necessary supporting documents from relevant departments, as well as take into account the information that they already have available.
In addition, the Bank of Russia offered insurers to grant a deferral to those customers who pay for policies in installments. They can also notify their clients of the right to apply for payment and tell them what they need to do to do this.
