Research of legal relations of microfinance organizations in the Russian Federation
The article deals with the legal relations of microfinance organizations in the Russian Federation. The authors consider the rights and obligations of microfinance organizations. The methods of state control over the pricing of services provided to the population is determined, namely, the maximum daily interest rate and the maximum debt of the borrower under the consumer credit (loan) agreement in 2020. The authors note that the Federal Law "On Consumer Credit (Loan)" No. 353-FZ of December 18, 2013 defines the rights and obligations of microfinance organizations that have applied for a microloan and the borrower. Rights and obligations determine the essence of activity as a form. They are determined by the rules of business turnover, the laws of the state and the market. The law is aimed at the earliest possible alignment of the entire regulatory framework that determines the behavior of all entities in the financial market, both borrowers and creditors, and the establishment of a single set of their rights and obligations, which will equally protect their interests. This law was adopted, entered into force and has significantly improved the legal mechanism for consumer lending in our country.