Question


jlx02000

What are Russian credit card laws and procedures to defaulting payments?

If you are a Russian and have a credit card In Russia, You fall on hard times and loose you're job, unemployed for 2 months , then find work but money is a lot less, but is the only job you can get in you're field. You miss 3-4 months of card payments and are scared to open letters or contact them. This is my friend. Can she write to them and offer an amount she can afford after explanation and maybe outgoigs break-down. They are demanding full payment. Please someone advise?

3 years ago - 2 answers

Best Answer

Chosen by Asker

I'm from Russia and I know a bit about Russian credit payment rules. I think you friend shouldn't be scared to contact the bank and explain the situation (they probably will require it in the written form). The only thing she should be scared of is very very huge payments and fees for late payments. But of course, she should contact them is she is going to pay the debt at all. If not, she'd better hide well, as the bank has a right to charge the debt to be paid off via court.

Source(s)

I suppose so

by Victory A

3 years ago

Asker's Rating: 

Other Answers

Is this person asking you to help pay off their debts? Is it someone you know through internet contact? If the answer to these questions is yes, then be suspicious. Procedures for default best discovered by asking on Russian version of yahoo, if there is a Russian version.

by brian t- 3 years ago