The need for consumer lending and prospects for its development in the modern world

This scientific article examines the concept, function and regulatory regulation of consumer lending, its necessity in the modern world. The problems of the development of consumer lending at the present stage are also identified and promising directions of its development are identified, taking into account the minimization of bank credit risks. Particular attention is paid in the article to the development of consumer lending against the background of the structural restructuring of the economy, as well as in the conditions of private mobilization.