If you are late with your payment, but are not hiding from the bank and are ready to pay off your debts at the first opportunity, a criminal case will not be opened.
The Criminal Code of the Russian Federation provides for liability under the following articles:
for fraud in the field of lending,
illegal receipt of a loan,
malicious evasion of debt repayment.
You can be sent to prison for fraud if you have debts of 1.5 million ₽ or qatar mobile database more, if the court can prove that you received a loan without the intention of returning it or provided the lender with forged documents.
The mere fact of non-payment is not enough to initiate a case. To go to court, the plaintiff must have more compelling grounds than just an unpaid debt. Borrowers who have a good credit history and have not previously missed payments do not need to worry about criminal liability.
What is the penalty for a one-time failure to pay a loan?
Depending on the terms of the agreement and the bank's policy, a late payment penalty and interest may be charged. The maximum penalty by law is 20% per annum or 0.1% per day.
If you are late with a payment through no fault of your own - for example, due to problems in the online transfer system, an error in the payment accounting system - then the penalty may be cancelled and the delay forgiven.
If you are late with your payment due to personal circumstances, then in addition to the current debt, you will have to pay the accrued penalty.
How to pay off a late loan
To get rid of unpaid debts faster, you need to analyze the reasons why you were late with your payments and create an action plan to solve your financial problems.
Calculate the total amount of debt, plan a budget for the next few months, and determine how soon you can pay off your debts.