What is the state register of microfinance organizations

Now there are many different microfinance organizations. But not all of them are honest structures. How to recognize a wolf in sheep's clothing? This is helped by the state register of microfinance organizations.

general information

Under the microfinance organizations often like to mask the numerous intruders who collect personal data of people to use them for their own purposes. And you need a mechanism that will let you know whether the organization should be trusted. This is the register of microfinance organizations. It is necessary to see if there is a company there. Although it may theoretically be that fraudsters entered the register of microfinance organizations, they looked at the name of the existing enterprise and disguised themselves under it. Therefore, you should read their information, which is available in public. And when you read the documents, they should be studied very carefully and concentrate on all the slightly suspicious moments.

What is the register of microfinance organizations?

It is a special document. It contains all MFIs that have been officially registered in the Russian Federation and have the right to act on the territory of the state. Inclusion in the register is a prerequisite for them to carry out credit activities. They can lend up to a million rubles. But in most cases they are several thousand rubles and quite rarely even represent five-figure amounts. For new people, they do not exceed the values in 2000 or 3000. What do you need to know about the registry? It does not bring individual entrepreneurs and individuals. A company that wants to engage in this type of activity can be represented as LLC, ANO and in other similar forms. That is, the right to lending is only a legal entity. Information about the organizations is on a special website, and anyone who has access to the global network can get acquainted with it.

Conclusion

It should be noted that the registry does not give any guarantees, including that the company will be problem-free. He only informs that it was officially registered. And for this you just need to collect a certain set of documents. In technical terms, this list, which contains certain information like the name, registration number, address and number of the issued certificate. For a common understanding of the situation: during the existence of the document, more than half of all companies were deleted from the register - and this despite the fact that their activities were officially authorized only in 2010. The reason for the disappearance is the presence of a mass of distressed debts, violation of rules and / or rights in terms of legislation and lack of financial reporting or the provision of untrue information.