Kamila Abdrakhmanova, a junior lawyer at the Yalilov & Partners law firm, said in a conversation with the Prime agency that offers of credit installments without overpayments when buying goods may not always be profitable.
She said that among the “pitfalls” of the credit installment may be imposed life and health insurance, as well as a package of services with guaranteed “assistance to the buyer on all issues.”
“The buyer must understand that in this case the installment will be interest-free, but the amount that will have to be returned may increase up to 50%,” Abdrakhmanova said.
Thus, according to her, the bank and the seller earn on additional services, and not on interest. In addition, sometimes the product is simply overpriced, offering it on credit “without overpayment,” the lawyer noted.
She added that the terms of shares from consultants should always be checked against the information specified in the contracts.
In early September, VTB Deputy Chairman Anatoly Pechatnikov said that the new trend of digital scammers was the theft of money from citizens’ credit cards.