The debt load of socially vulnerable segments of the population: problems and ways of solution

The article analyses of credit load level of the population of the Republic of Buryatia, on the basis of such indicators as the level of current debt load (PTI) and the level of overdue debt of the population. The authors have investigated and disclosed the reasons for the high debt load of citizens in the Republic of Buryatia in recent years. The article also shows the negative effects of growing debt load of the population for the most socially vulnerable groups of the population, based on the analysis of such indicators as per capita money income of population, average monthly nominal accrued wages of employees, the subsistence minimum per capita. At the same time, the main attention is paid to the analysis of problems of debt load of lower-income strata. The increase of financial education for this category of citizens is considered as an important factor in reducing their debt load.