The prospects of development of the credit cards market in Russia

The concept of a credit card, the current state of the credit card market is provided in the article, as well as the main directions of development are outlined. Although this instrument of the bank lending is one of the most perspective in Russia, credit cards have their advantages and disadvantages for their issuers, and for cardholders. If you know about them you can decide, if you will use this product or not. Additionally, the main problems that prevent the future development of the credit card market in Russia are noted in the article. This matter needs the support of the state and requires the legislative basis that is adapted to the current Russian reality. If the certain problems of the credit cards are solved, the credit card market can play an important role in the economic development of the country.

money, credit, banks, credit card, credit card market, credit card holders, prospects of development, legislation, advantages of credit cards, disadvantages of credit cards, banking infrastructure, banking system