Search

LOAN APPLICATIONS OF 60% RUSSIANS WERE REJECTED IN 2020

... 62%. The number of unsecured loans and credit cards also declined - banks approved only 31% of applications. However, in mortgages, the situation is the opposite - more applications were approved than in the last four years, 71.3% of Russians received loans. The National Bureau of Credit Histories notes that the increase in the number of approved mortgages is associated with the state support program. Thanks to the provided benefits for the purchase of housing in new buildings, more Russians were able to apply for the purchase of real estate. The most frequent refusals in retail loans were received ...

Sorted by relevance | Sort by date