Risk management of consumer crediting

The relevance of the topic stated in the article is that credit in the modern world is an active and effective "participant" in the national economic processes, because it represents the backbone of active operations of credit institutions, therefore, brings them revenue. At the same time, credit is the main cause of the risk for the bank. Therefore, banks need to be able to manage risk. This article examines the concept of consumer credit, its features, principles, and statistical data for 2017. Also, the article presents the risks that arise when providing consumer credit, their classification and management methods. Being able to manage risk means to be successful in the world of investment and finance.