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The average market value of the total cost of consumer credit


The average market value of the total cost of consumer credit is determined by the Central Bank of Russia as a weighted average based on at least 100 largest creditors in the corresponding category of consumer credit (loan) or at least one-third of the total number of creditors providing the corresponding category of consumer credit (loan)1.

  1. Federal Law No. 353-FZ dated December 21, 2013 "On Consumer Credit (Loan)". 2013, as amended on July 1, 2019, Article 6, paragraph 10. ↩

Laws with commentary

Codes and federal laws