In Russian electronics stores, some of which had previously refused installment plans, the 10-10-10 credit format, popular in the 2000s, is returning. According to it, the buyer pays 10% of the cost of the goods, and then pays the debt in equal installments for 10 months, eventually overpaying 10% for the equipment. M.Video and Eldorado were the first to introduce such a scheme, and other retailers will follow, experts say. The scheme "10-10-10" misleads the consumer - in fact, the rate on such loans is 23-25% per annum, lawyers noted.
