Us by individuals who, under individual civil customer focus: a complete guide to putting the customer at the center of your business law contracts, provide loans secur by real estate to other individuals. The goal is not to make a profit by repaying the debt with interest, but to lead the borrower to default on the contract. And then the debt is collect by seizing the property and selling the collateral, which can be either movable or immovable property.
If we talk about legal entities, there is a legislative
ban on professional lending activities by companies not includ in the register of the Bank of Russia. Therefore, if a person borrows from an illegal entity, he can challenge such a transaction in court and not pay interest. But the principal of the debt itself must, of course, be return. However, such contracts are often conclud within the framework of civil law relations, and in such a case, illegal entities can still collect money through the court. And if a person borrows not from a company, but from another person, then there are no options – this will be a civil law contract, and even the court will definitely side with the critor.
We identify illegal lenders — both individuals
Companies. But we cannot publish information about individuals in our warning list on the Bank of Russia website. But we do publish information to increase your sales with automat email followup about companies. Therefore, we advise people, before taking out a loan, to make sure that the america email lender is legal and check whether it is on our warning list (Warning list, a list of companies with identifi signs of illegal activity in the financial market. — . “Izvestia.
