Fundamental Disadvantages of the Credit Mechanism

Abstract

This article discusses the following problems: the fundamental lack of a credit mechanism, the automaticity of calculations, in essence, removing all responsibility from the supplier for the quality and completeness of the shipped products, their compliance with consumer orders and contracts. Action mechanisms are proposed that allow both buyers and suppliers to be as adequate and prudent as possible when paying for shipped goods (products). Proposals are presented to improve the credit regulation of the needs of borrowers in credit resources. Analyzed the current state of development of lending to bank customers in order to reduce costs, efficient use of own funds of enterprises, and given specific proposals to strengthen the financial stability of enterprises - clients of the bank.