THE CONSUMER LENDING IN MODERN CONDITIONS

The article deals with the features of consumer lending in the Russian Federation at the present stage. Particular attention is paid to the problems associated with the unstable economic situation in Russia. This article analyzes the volume of consumer lending, the dynamics of interest rates and the volume of debt. The relevance of the work is that consumer credit is widespread. Consumer lending contributes not only to the development of the banking sector, but also to the development of the economy as a whole. In Russia, The consumer lending market is risky for banks in Russia, but it's profitable business at the same time, as it is characterized with high profitability. This type of loan is attractive for credit institutions to receive additional income in the form of interest on the loan. The article identifies the main problems of consumer lending and suggests ways to solve them.