Ukraine Bans Factoring Companies from Buying Consumer Debt

July 22, 2026 · WOWERI

Starting July 30, factoring companies will no longer be able to buy consumer debt. This is due to new regulations coming into effect.

Introduction of New Rules

Starting July 30, factoring companies in Ukraine will no longer be able to buy consumer debt. This is due to new regulations coming into effect, aimed at protecting consumer rights.

Impact on Individuals

Individuals will no longer be able to transfer their debt to factoring companies. This may lead to a decrease in the number of debts transferred to third parties.

Impact on Factoring Companies

Factoring companies will no longer be able to purchase consumer debt. This may lead to a decrease in revenue for factoring companies and a change in their business model.

Conclusion

The introduction of new rules aims to protect consumer rights and reduce the number of debts transferred to third parties. Individuals and factoring companies should be aware of the new rules and their implications.

Source: biz.ligazakon.net