Risk Minimizing of Bank Lending to Population with Expansion of Its Target Audience
The article deals with differentiation of such notion as «lending to the population» and «consumer credit». The tendencies of present consumer lending have been revealed. The problems in the process of banking activities and the ways of their solving have been identified. A method of credit scoring as a mechanism for increase in credit process efficiency has been proposed, which will help to minimize credit risk and to expand the target audience of this type of lending.