Fizinių asmenų kreditavimo problemos ir jų pasekmės

Abstract

The Bank is an institution that accepts deposits and offers business services. Lithuania currently has 7 Lithuanian bank licensed commercial banks: AB SEB AB Finasta, AB, Citadel, DNB, Swedbank AB from the bank, Medical Bank. All banks offer similar services, and it is not indicator of today’s competition. The bank provides credit, but there is always risk. This topic is relevant and has been dealt Lithuanian economists (Valvonis, 2006; Leika, 2008; Jasevičienė, 2012; Bikas, 2013), compared with similar problems in foreign countries (Baldwin, 2001; Berglöf, 2001; Giavazzi, 2001; Widgren, 2001; Rotemberg, 2008; Mocanu, 2010). Main purpose of this article is to analyze the reasons for which individuals have experienced credit problems and the means by which those effects can be discarded. Objectives: • Discuss the concept of credit on the basis of scientific sources. • Analyze personal credit problems. • Disclose personal credit consequences. Lithuania compared with foreign countries, the biggest threat appeared to creditors who have become insolvent due to lower income families, emigration, unemployment, health problems – all this had a strong impact on the economic crisis. Department of Statistics, Lithuania is about 161 thousand households that are taken loans from banks for house purchase, even more than a tenth of the time becomes unable to pay fees. They face the risk of bankruptcy. Developed and approved by the law of such a scheme, the banks have the right to take away housing and before the end of life require further pay money. Individuals in the form of bank credit, especially long-term, risk their property, liabilities to banks and their health. Lithuanian residents of a lack of economic and financial management knowledge and understanding of financial markets, financial institutions, particularly banks, economic credibility is not very high.