In the first half of 2025, individuals in Russia increased their requests for credit reports from credit history bureaus by 9%. At the same time, banks and microfinance organizations (MFOs) raised their number of inquiries about borrowers’ individual ratings by one-third.
The demand for services provided by credit history bureaus is rising among MFOs, particularly as online microloans become more common. Over the past year, the use of credit assessment and scoring services has nearly doubled.
Credit reports are a tool that helps lenders reduce overdue loans by targeting more reliable borrowers. The Bank of Russia notes that over the last twelve months, potential savings from using these reports have grown by almost 25%. According to their calculations, each ruble spent on a credit report can reduce overdue loan amounts by more than ₽280.
Further details are available in the Analytical Review of Credit Information System for the first half of 2025.
