russians are massively defaulting on their credit card debts: according to Forbes, payments on 8.3 million credit cards are more than three months overdue. This is the worst figure in recent years, and it continues to rise \u2014 just a year ago, there were 6.9 million such cards.<\/p>\n
\u25ab\ufe0f The total amount of overdue debt as of the end of May this year reached nearly 576 billion rubles \u2014 150 billion more than in the same period last year.<\/p>\n
People are failing to repay both old and new debts: in January, 2.35 million clients hadn\u2019t made any credit card payments for over a month. Analysts predict that by the end of the first half of 2025, this number will rise to 3.84 million \u2014 a record high in this banking sector.<\/p>\n
This is yet another sign that the russian economy is in a dead end. Astronomical war spending and sanctions are destroying not only the economy but also the lives of ordinary russians. Instead of a future \u2013 debt; instead of well-being \u2013 overdue payments. And as long as the war continues, the situation for russian citizens will only get worse.<\/p>\n","protected":false},"excerpt":{"rendered":"
russians are massively defaulting on their credit card debts: according to Forbes, payments on 8.3 million credit cards are more than three months overdue. This is the worst figure in recent years, and it continues to rise \u2014 just a year ago, there were 6.9 million such cards. \u25ab\ufe0f The total amount of overdue debt…<\/p>\n","protected":false},"author":3,"featured_media":34230,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","wds_primary_category":930,"footnotes":""},"categories":[930],"tags":[],"class_list":["post-34229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rf-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/34229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/comments?post=34229"}],"version-history":[{"count":0,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/34229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media\/34230"}],"wp:attachment":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media?parent=34229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/categories?post=34229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/tags?post=34229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}