MODERN PROBLEMS AND TRENDS OF CONSUMER CREDIT DEVELOPMENT IN THE RUSSIAN FEDERATION

DOI: 10.36871/ek.up.p.r.2020.11.04.012
UDC 64.031.44

Authors

A. I. OMAROV,
4th year student of the profile «Finance and Credit», Dagestan State University, Makhachkala, Russian Federation
G. A. FARMANOVA,
4th year student of the profile "Finance and Credit", Dagestan State University, Makhachkala, Russian Federation
M. A. FILINA,
Candidate of Economic Sciences, associate Professor of Finance and credit, The Dagestan State University Makhachkala, Russian Federation

Abstract

The article reveals the concept of consumer credit, analyzes the dynamics of the volume of consumer loans issued since the beginning of 2020. The paper also examines the main trends in the development of the consumer lending market, identifies key problems. The analysis of the level of debt burden of the popula-tion over the past five years is carried out.

Keywords

consumer lending, overdue loans, borrower's creditworthiness, level of debt burden.