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Russia Tightens Loan Regulations to Curb Fraud
To combat fraud, Russia is introducing a 'cooling-off' period for cash loans from September 1st, 2025, delaying disbursement by 4 hours (50,000-200,000 rubles) or 48 hours (over 200,000 rubles), with exceptions for secured and specific loan types. Additionally, banks may soon require income verifica...
Russia Tightens Loan Regulations to Curb Fraud
To combat fraud, Russia is introducing a 'cooling-off' period for cash loans from September 1st, 2025, delaying disbursement by 4 hours (50,000-200,000 rubles) or 48 hours (over 200,000 rubles), with exceptions for secured and specific loan types. Additionally, banks may soon require income verifica...
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