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06-07-2018 10:28 10593

BANK ROSSII1 4

 

The Central Bank of Russia has warned citizens about the misuse of microfinance organizations.

According to the Central Bank, companies are offering borrowers to sign a contract on real estate transfer, when concluding a contract.

As noted by the Bank of Russia, micro-creditors use legal and financial illiteracy of clients, as a result of which the elderly suffer mainly from their actions.

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