Encyclopedia
Ban on Entering into Consumer Loan (Credit) Agreements
Ban on entering into consumer loan (credit) agreements - a measure taken by the subject of credit history - a physical person, aimed at restricting the conclusion of such agreements with them, except for consumer loan (credit) agreements, the borrower's obligations under which are secured by mortgage and (or) pledge of a vehicle, and basic educational credit agreements, the provision of state support for which is carried out in accordance with the procedure established by paragraph 4 of Article 104 of the Federal Law of December 29, 2012 No. 273-FZ "On Education in the Russian Federation", corresponding to the conditions of the ban established by paragraph 2 of Article 5.1 of this Federal Law, on entering into such agreements1.
Federal Law No. 218-FZ dated December 30, 2004 "On Credit Histories", as amended on March 1, 2025, Article 3, subpara. 14 // RSFSR. 2005. No. 1. Art. 44. ↩