The number of overdue loans in August has grown in the main directions of consumer loans, writes Kommersant with reference to calculations of the Bureau of credit stories “Eksifax”.
In the Cash Credit segment, the number of overdue loans in Russia increased by 0.4 percent, to 4.27 million, their amount exceeded 546.5 billion rubles. The amount of delay in credit cards amounted to almost 156.2 billion rubles, the number of loans exceeded 2.6 million (height 0.6 percent). The number of overdue car loans has grown in the range of 0.1 percent, to 108.8 thousand.
At the same time, in the past months, the permentary grew only on credit cards, in this segment the number of defaults updated the historical maximum. For the period from the beginning of the year, the growth of overdue car loans amounted to 3 percent, credit cards – 8.5 percent. In total, overdue now is more than seven million loans, with 60 percent of them – consumer loans, show the data of the first collector bureau (PKB).
Market participants fear that the tendency to the growth of delay can become long-term, especially for the most vulnerable categories of borrowers. The main problems relate to consumers with low income, the risk of such loans may exceed similar indicators for other segments by 30 percent or more, notes the head of Equifax Oleg Lagutkin.
The PKB believe that the growth of overdue debts will continue, although the policy of the Bank of Russia can avoid aggressive pace.
Central Bank tightens rhetoric on further increase in consumer lending. The Central Bank has already taken steps to further complicate the issuance of loans: from October 1, the surcharges of risk coefficients on unsecured consumer loans increase in rubles. We are talking about loans with a large total cost of a loan (PSK) and loans provided to citizens with high debt load. New measures should make this type of lending to less profitable for banks, indicated in the Central Bank in July.