Financial innovations and financial effects the process of innovations consumer crediting

The financial markets have developed rapidly since the 1980s, and national bounds. Emerged as a result of internationalization is a process of convergence is composed of a new financial order. In this new market as a result of increased competition and demand for existing centers to develop and renew themselves up to the event, so that the new financial centers and the emergence of new financial products has become inevitable. Recently, the observed trends in financial markets, financial innovation, which is one main purpose, to make an efficient and competitive markets, to make a profit and reduce risk. They are also the driving factors behind financial innovation is considered. Trends in financial innovation, financial intermediaries and the more commonly used types of vehicles appeared.In this study, we examined the financial innovations and lending the process of the individual effect of these innovations has been investigated using the SPSS package program istatistics. In this context, the study's first three sections of the financial system, financial markets, financial innovations and concepts related to individual lending process described in detail, then made a multiple regression of variables thought to influence individual loans.Keywords: Financial System, Financial Market, Financial Innovations, Personal Loans