Specific features of legal regulation of consumer lending in Russia

The article describes the main problems of legal regulation of credit bureaus. The authors considered the impact of the activities of Russian credit bureaus on minimizing credit risks of commercial banks and microfinance organizations. Particular attention is paid to the study of the problem of inefficiency of the system of credit bureaus or low efficiency. The authors proposed a mechanism for improving the efficiency of credit bureaus, and also considered the proposals of the Bank of Russia to address this issue.