Credit life cycle model
https://doi.org/10.34020/1993-4386-2023-1-57-62
Abstract
The purpose of the study is to design the life cycle of a loan. Research hypothesis: it is assumed that the evolution of credit has a complex nonlinear character. The research uses the method of "The order of goals" of the categoricalsystem methodology and methods of analysis of scientific literature, systematization and generalization. Results: four basic credit conditions are identified and described; the mechanism of credit transition from one state to another is modeled, reflecting the development of credit; a model of the life cycle of credit is developed. Conclusion: the development of credit occurs abruptly; changes in the directions of development within the boundaries of the life cycle can be observed repeatedly; understanding the process of credit evolution allows us to determine the mechanism of generating resources necessary both for changing the state and for its development; the credit life cycle model can be used in the development of credit programs, models of credit products.
About the Author
Elena G. Revtova
Orenburg State University
Russian Federation
Russian Federation
Elena G. Revtova – Candidate of Economic Sciences, Associate Professor of the Department of Banking and Insurance
Orenburg
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Review
For citations:
Revtova E.G. Credit life cycle model. Siberian Financial School. 2023;(1):57-62. (In Russ.) https://doi.org/10.34020/1993-4386-2023-1-57-62
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