The main demand for such services arises

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system will independently predict future expenses and help create a realistic monthly budget.

Sber also launched the new service "Financial Health" in test mode, the bank's press service reported. They clarified that it is currently available to a limited number of clients. It provides users with comprehensive analytics on personal finance management and suggests what they should pay attention to.

The service currently paraguay whatsapp resource evaluates four basic areas of finance: expenses, financial cushion, investments and protection. And then gives clients personal recommendations on how to improve their financial health, Sber's press service added.

from clients who have faced loan denials or fraudsters who have issued loans to them without the client's knowledge, believes Alexander Shornikov, Director of the Retail Risk Department at Zenit Bank. He added that the financial institution has not yet made a decision on launching such a service, but allows for such a possibility in 2025.

Why track credit load and income
Such applications help a person to assess his real income and expenses, the level of debt load, and also to see problematic issues, the press service of the Central Bank told Izvestia. They emphasized that it is important that the services are independent, that is, they do not contain hidden advertising and sales of financial products.

Data on credit rating and credit load in such services will allow citizens to better understand the extent of their debt burden and ability to service the loans they have taken out, says FG Finam analyst Igor Dodonov. According to him, this can also protect Russians from ill-considered decisions on taking out new loans.

It is important for people to monitor their credit rating, the Central Bank noted. They explained that before issuing a new loan, banks and microfinance organizations will most likely request reports from several credit history bureaus (CHB). If at least one of them has assigned a low rating, it is worth analyzing the reasons and thinking about how to improve your credit history.

— It is also important to assess your credit load. Spending more than half of your income on debt payments is very risky. With a high level of credit load, there is a danger of falling into a debt hole at the slightest financial difficulties, — the press service of the Central Bank emphasized.
The new services will help to increase the level of financial literacy of the population, and will also make the retail client more transparent for banks, noted Junior Director for Bank Ratings at Expert RA Vyacheslav Putilovsky. He added: this will allow them to better control their risks and offer their financial products more targeted.

In the future, it will be possible to create a single service that would provide a comprehensive assessment in terms of the client's payment burden and passive income, and not just within one organization, said Olga Malyugina, CEO of the investment platform Nibble Invest. She added: such a service should be made as clear and simple as possible.

Improving financial literacy is a systematic effort that should involve all participants in the process, the Central Bank’s press service added.