Problems of the Debt Load of the Population of Russia and the Altay Kray

Abstract

The Object of the Study. Organizational and economic relations arising between commercial banks and individuals in the process of crediting.The Subject of the Study. Crediting the population of Russia.The Purpose of the Study. Studying the problem of crediting the population of Russia and the inhabitants of the Altay Kray.The Main Provisions of the Article. The authors have analyzed the credit indebtedness of individuals both in Russia as a whole and in the Siberian Federal Okrug, the volume and share of overdue debt of citizens in particular. Particular attention in the study has been paid to the level of credit burden of the population of Russia and the Altay Kray, the reasons for the crediting of the population of the Altay Territory were investigated. The article gives an assessment of the consequences of population crediting, analyzing the changes in per capita cash income of the population, the average monthly nominal wage of citizens of the Altay Okrug is given. To solve the problems associated with crediting the population, measures such as increasing the financial literacy of the population and improving the living standards of the citizens has been proposed.