Credit life cycle model

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.