The migrants want to limit the amount of interest for using loans. This is proposed by the corresponding bill №2329.
Kyiv. Ukraine. Ukraine Gate – May 6, 2021 – Economy
Ruslan Gorbenko, Deputy Head of the Verkhovna Rada Committee on Human Rights, De-occupation and Reintegration of the Temporarily Occupied Territories, noted that in 2014, among a number of legislative acts on the protection of victims of hostilities in the Donbas and Crimea, there were also norms that exempted them from charging penalties and fines for overdue loans and borrowings.
According to him, it turned out that these norms do not take into account various commissions and percentages. Banks continue to accrue inflationary losses and significantly increase debt. And the amount of interest in some types of loan and credit agreements is charged until the debt is repaid, and its amount is not limited.
“All this has led to the fact that the invoices issued by creditors are often several times higher than the principal amount. There are cases when a debt of 10 thousand hryvnias beyond the card limit increases to over 350 thousand hryvnias,” the parliamentarian said.
What the bill proposes
Project №2329 provides that the total amount of interest on loans and borrowings cannot be more than the amount that the bank should receive in case of timely repayment of the loan.
“If conditionally the amount of interest on a loan for two years at its registration was 10 thousand hryvnyas, then in 7 years it should be the same for a person who has lost housing and income due to hostilities,” said the deputy head of the committee.
According to the bill, for non-fulfillment or untimely fulfillment of credit agreements, no fines, penalties, inflation losses are charged, and no property sanctions are applied. At the same time, exemption from penalties and other payments is not a reason for refusing to provide a new loan.
It is proposed to oblige the lender to transfer the debt under the loan agreement in accordance with these standards. He must do this within a week from the moment of the appeal of the migrant debtor. If not, the debt is considered automatically transferred.
“It is important that the sale or transfer of the right of claim under the loan agreement without the consent of the debtor is prohibited. This will not allow banks to attract collection companies. But this rule will only apply if we are not talking about an insolvent creditor or a bank that is being taken out of the market,” – explained Gorbenko.
What loans and borrowings does the law apply to
For Crimeans who left the peninsula, these rules apply to contracts concluded before February 20, 2014. For residents of Donbas who left the occupied territories or a house in the ATO zone – until April 14, 2014.
“And only if before these terms the borrower had no debt and he paid everything on time, and after the start of the ATO he made at least one payment,” the parliamentarian said.
He added that responsibility for non-fulfillment or improper fulfillment of treaties rests with the Russian Federation as an occupying state, which complies with the norms and principles of international law.
As a reminder, in early April, the Human Rights Committee recommended the adoption of the corresponding bill # 2329 in the second reading.
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Source: Ukrgate
