The government has decided on borrowing holidays. Buda: Disaster

The government has presented a bill extending the borrowing holidays until 2024. They apply to the first four months of the year.

A draft amendment to the law on credit holidays, drawn up by the Ministry of Finance, has appeared on the Government Legislation Center website. It is assumed that the loan repayment holiday will be available “for one month from March 1, 2024 to March 31, 2024, and in the case of subsequent quarters – for one month in each quarter.”

The cost of this solution was estimated at PLN 3.6 billion, assuming that 100% of the population would benefit from it. entitled. If as many people are willing to take advantage of credit holidays as this year, the cost of the program should amount to around PLN 2.5 billion.

The change also introduces an income criterion for people who want to make use of the option to temporarily suspend the repayment of loan installments.

“At the same time, it is proposed that the criterion according to which the suspension of loan repayment will be available to consumers is the arithmetic mean of the value of the RdD (Installment to Income) indicator within the meaning of the October law. borrowers who have taken out a housing loan and are in a difficult financial situation during the period of the last three months preceding the month of application submission, will exceed 35% on September 9, 2015. – we read in the bill.

Buda: Disaster

The proposed changes were criticized by PiS MP Waldemar Buda. The former Minister of Development and Technology described it as a “disaster”.

“Disaster! Credit holidays with income criteria for everyone! This limits the possibility of qualifying for small loans and includes even very large ones! The target group is less than half compared to our law! This is how the writing of laws by the Minister of Finance ends The bill is thrown out and the job is done.” on the law should be forwarded to the Minister of Development (this is how the last law was prepared when I was in @MRiTGOVPL),” the MP wrote on social media.

Source: Do Rzeczy