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Relevant problems ensuring prompt loan repayment through legislation


Marina V. Korkushko
(about the author)

Korkushko Marina V. – Postgraduate student of the Chair of Banks and Banking Management of the Department of Financial Markets and Banks (The Financial University under the Government of the Russian Federation)

Published in:
Russian Journal of Entrepreneurship
– Volume 17, Number 17 (September 2016)

JEL classification: D31, E51, K35

Keywords: consumer loan, efficient rate and debt collection agencies, private bankruptcies


Citation:
Marina V. Korkushko (2016). Relevant problems ensuring prompt loan repayment through legislation. Russian Journal of Entrepreneurship, 17(17), 2207–2220. doi: 10.18334/rp.17.17.36530


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Abstract:

The article discusses the peculiarities and drawbacks of laws related to consumer lending, private bankruptcies and debt collection and presents the directions aimed at improving current legislation, taking into account the international experience. The presented results have great practical significance for decreasing the level of overdue indebtedness in the banking system. This article will be of interest for Master’s students and bachelors, state and municipal officers.








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