The State Duma adopted a law on the regulation of installment services

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17:20; 22 July 2025 year
ООО "Региональные новости"

© ООО "Региональные новости"

The State Duma adopted a law on the regulation of installment services. The law introduces the status of an installment payment operator as a legal entity, establishes the terms of operation and requires inclusion in the register. Supervision of the operators is assigned to the Bank of Russia.

The law stipulates that the installment amount should be equal to the purchase price, without fees for registration and early repayment. The late payment penalty is limited to 20% per annum. Data on installments over 50 thousand rubles will now be transferred to the credit history bureau.Installments will be available online only. The law does not affect direct contracts between the seller and the buyer.

The law comes into force on April 1, 2026, and operators are required to submit reports to the Bank of Russia starting in 2027. The law does not apply to contracts concluded before its entry into force.