Ukrainians to Gain Self-Protection Feature Blocking Loan Applications via Diia App.

Introducing a Self-Imposed Credit Application Ban

According to Novyny.live: Ukraine is set to introduce a mechanism allowing individuals to voluntarily block loan applications, aimed at shielding citizens from fraudsters. Under new changes slated for 2026, obtaining a loan will become easier, but this also heightens the risk of fraudulent activity. In response, Olga Vasylevska-Smagliuk, a representative of the Verkhovna Rada Committee on Finance, Tax, and Customs Policy, stressed the need for these new safeguards. This initiative is part of broader efforts to strengthen consumer protections in the country’s rapidly digitizing financial sector.

“This will help fight fraudsters who take out loans today, leaving the person whose name the loan was issued in to pay,” – Olga Vasylevska-Smagliuk.

Loan Control Through the Diia App

Citizens will be able to block loan applications via the Diia app or by submitting a request at a ЦНАП (Administrative Service Center). This system enables people to prevent fraudsters from securing loans in their name. Information about such blocks will be recorded in a specialized registry managed by the National Bank of Ukraine. These measures are expected to reduce instances of financial fraud.

Additionally, the Ukrainian parliament has approved in principle a draft law on credit bureaus. Bill No. 15050 also proposes prohibiting the collection of credit debts from military personnel, marking another step toward protecting specific groups of citizens. With these changes, Ukrainians will gain more tools to safeguard their financial interests and monitor their credit history.

The introduction of a self-imposed ban on loan applications and legislative updates regarding credit bureaus represent important advances in enhancing citizens' financial security. These steps could significantly cut the number of fraud cases, thereby boosting trust in Ukraine’s financial system. It is crucial for citizens to actively use these new tools to protect their rights and interests in the financial sphere.