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Analysts of the Central Bank of the Russian Federation say that in 2019 the growth rates of lending to individuals will fall, and the size of overdue consumer loans will grow. Currently, about 57% of our country's residents have outstanding debt, while every 2nd person has debts to 2 or more banks or MFOs. The total debt of individuals increased in 2018 by 22%, to 15.9 trillion rubles. In addition, payments of Russians for their debts to credit institutions now take away about 27.84% of citizens' incomes.

   However, analysts at SCORISTA are betting on credit growth in 2019. Large banks such as Sberbank and VTB started the year 2019 with a statement about the increase in mortgage rates and consumer loans. While MFO are preparing to lower the loan rate to 1% per day. Thus, people will come to the MFO to refinance existing debts to other banks and credit organizations. Against the background of lower interest rates in MFO, SCORISTA predicts a significant reduction in players in this market. Only the most efficient and high-tech companies will remain, which will compete with each other for their clientele.

  Therefore, SCORISTA advises to better evaluate borrowers, as well as to strengthen measures to increase customer loyalty.