Victoria (VIC) Sun
  • Home
  • Politics
  • Market
  • Finance
  • Investing
  • World
  • Technology
  • Health
No Result
View All Result
Victoria (VIC) Sun
  • Home
  • Politics
  • Market
  • Finance
  • Investing
  • World
  • Technology
  • Health
No Result
View All Result
Victoria (VIC) Sun
No Result
View All Result
Home Investing

Time limit for restructuring credit card debt: How to restructure debt and by whom?

October 9, 2025
in Investing

Time limit for restructuring credit card debt: How to restructure debt and by whom?

You might also like

The Competition Board fined Şişecam 3.1 billion TL

13 billion 221 million lira in support for producers affected by agricultural frost

Countdown to Black Friday: When will Black Friday start and end?

It paves the way for the Banking Supervision and Regulation Authority (BRSA) to restructure the debts of individual credit card users. According to the decision made on July 10, creditors can repay debt in installments with a term of up to 48 months. In addition to credit card debt, consumer loans are also included in the restructuring. The final day for debt restructuring is approaching.

Applications for credit cards and loan restructuring are coming to an end. The 3-month deadline for those involved has been completed. Regarding restructuring, CBRT said the maximum interest rate applied is 3.11%. By editing; Those who have restructured their debt in the past, those who have failed to repay part or all of their debt, and those who have paid their debt late can restructure. So when will debt restructuring end?
The 3-month period to restructure credit card debt and consumer loan debt announced by BRSA in July will end on October 10. Debtors can apply to the bank and restructure before the deadline ends.
A maximum interest rate of 3.11 can be applied to credit card restructuring transactions. Loan and credit card debt restructuring will last 48 months. Thanks to the arrangement; Not only the minimum credit card debt but also the inability to pay part or all of the debt during the period is included in the scope of restructuring.
Instead of a delay of more than 30 days on loans, any delay is enough for restructuring. The monthly installment amount due to restructuring is added to the minimum payment amount of the corresponding month. The credit card limit cannot be increased until 50% of the restructured card debt is paid. In case the restructured limit exceeds the credit card limit, the excess amount is not considered over limit.

Recommended For You

The Competition Board fined Şişecam 3.1 billion TL

October 21, 2025
The Competition Board fined Şişecam 3.1 billion TL

The Competition Board imposed an administrative fine of 3 billion 154 million liras on Şişecam. Şişecam announced that they will take legal action against the penalty. The Competition...

Read more

13 billion 221 million lira in support for producers affected by agricultural frost

October 21, 2025
13 billion 221 million lira in support for producers affected by agricultural frost

Minister of Agriculture and Forestry İbrahim Yumaklı announced that support of 13 billion 221 million lira will be made to farmers affected by agricultural frost in the first...

Read more

Countdown to Black Friday: When will Black Friday start and end?

October 21, 2025
Countdown to Black Friday: When will Black Friday start and end?

The countdown has begun for the Black Friday sales that shopping enthusiasts are eagerly waiting for. This year, the campaigns will start in the last days of November....

Read more

ONLINE GOLD PRICE October 20: How is the gold price on the first day of the week? (Price of grams, quarters, halves and whole gold)

October 20, 2025
ONLINE GOLD PRICE October 20: How is the gold price on the first day of the week? (Price of grams, quarters, halves and whole gold)

Gold prices are directly monitored by investors from time to time. While the Dollar and Euro started the week on the rise, volatility in gold ounce prices continued....

Read more

Professor Dr. Vedat Işıkhan announced: İŞKUR Youth Program will provide 15,162 TL monthly income support

October 20, 2025
Professor Dr. Vedat Işıkhan announced: İŞKUR Youth Program will provide 15,162 TL monthly income support

Minister of Labor and Social Security Vedat Işıkhan announced that applications for participation in the İŞKUR Youth Program have begun. University students participating in the program will receive...

Read more
Next Post
Muscovites were promised rain and hail

Muscovites were promised rain and hail

Related News

In Moscow, the annual mechanical period XIII started

In Moscow, the annual mechanical period XIII started

September 28, 2025
Russia is invited to the funeral of the West

Russia is invited to the funeral of the West

August 16, 2025
Who is an alarming expert because the new virus has the highest mortality

Who is an alarming expert because the new virus has the highest mortality

September 8, 2025
Insa: About 60% of Germans are not satisfied

Insa: About 60% of Germans are not satisfied

August 24, 2025
Doğuş Children's Symphony Orchestra will be at Galataport on October 29

Doğuş Children's Symphony Orchestra will be at Galataport on October 29

October 10, 2025
HIKE Officer: The 3rd meeting of the Arbitration Council today

HIKE Officer: The 3rd meeting of the Arbitration Council today

August 25, 2025
The ancient “road sign” was found in the desert

The ancient “road sign” was found in the desert

October 6, 2025
From Ivana SERT to Süzide Duran: Happy Birthday

From Ivana SERT to Süzide Duran: Happy Birthday

August 4, 2025
China spoke harshly to the US after imposing tariffs

China spoke harshly to the US after imposing tariffs

October 12, 2025
  • Politics
  • World
  • Investing
  • Finance
  • Technology
  • Health
  • Market
  • Press release

© 2025 Victoria Sun

No Result
View All Result
  • Home
  • Politics
  • Finance
  • Health
  • Investing
  • Market
  • Technology
  • World
  • Press release

© 2025 Victoria Sun

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?