Bank Koltso Urala offers Reset for credit history improvement

18 June 2015 (09:21)

UrBC, Yekaterinburg, June 18, 2015. Bank Koltso Urala offers a new service to customers whose questionable credit history makes it difficult for them to get a bank loan, the bank's press service reports.

The bank's Retail Management Director Denis Belogurov says they can lend a borrower up to 30,000 RUR within their Reset loan scheme.

'The repayment of this micro-loan will mean the borrower will improve their credit history by adding a successfully redeemed loan to it. This product is mainly targeted at people who find it difficult to persuade the banks to trust them because of past mistakes or inaccurate entries in their credit history. This will also prove an interesting offer for those who only need a modest amount of money and will be able to pay it back over a short period of time,' he says.

Reset was designed by the bank in cooperation with MoneyMan, a large micro-financing institution. The loan is available at the bank's branches.

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