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 minimum wage marathon begins today

What is the Central Bank's interest rate decision? Have there been interest rate cuts? (MPC December 2025 CBRT Interest Rate Decision)

The minimum wage determination committee is meeting. When and when does the 2026 minimum wage meeting take place?

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 minimum wage marathon begins today

December 12, 2025
The minimum wage marathon begins today

The first meeting on the minimum wage effective in 2026 will be held today. This year, before the salary increase negotiations, the committee's membership structure caused a lot...

Read more

What is the Central Bank's interest rate decision? Have there been interest rate cuts? (MPC December 2025 CBRT Interest Rate Decision)

December 12, 2025
What is the Central Bank's interest rate decision? Have there been interest rate cuts? (MPC December 2025 CBRT Interest Rate Decision)

The December interest rate decision of the Central Bank of the Republic of Türkiye (CBRT) has been announced. Investors in dollars, gold, stock markets and deposit interest rates...

Read more

The minimum wage determination committee is meeting. When and when does the 2026 minimum wage meeting take place?

December 11, 2025
The minimum wage determination committee is meeting. When and when does the 2026 minimum wage meeting take place?

The first meeting date on the 2026 minimum increase organized by the Minimum Wage Determination Committee has been announced. One wonders whether the first numbers will be tabled...

Read more

When and when will the Fed's interest rate decision be announced? Will there be interest rate cuts? (FED December 2025 interest rate decision)

December 11, 2025
When and when will the Fed's interest rate decision be announced? Will there be interest rate cuts? (FED December 2025 interest rate decision)

The countdown has begun for the US Federal Reserve's (FED) December interest rate decision. The final interest rate decision of the year announced by the FED is closely...

Read more

When and when are the Fed's interest rate decisions made? What are analysts' interest rate expectations? (FED December 2025 interest rate decision)

December 11, 2025
When and when are the Fed's interest rate decisions made? What are analysts' interest rate expectations? (FED December 2025 interest rate decision)

The countdown has begun for the Fed's December interest rate decision, which is the most important monetary policy decision determining the direction of global markets. The US Federal...

Read more
Next Post
Muscovites were promised rain and hail

Muscovites were promised rain and hail

Related News

Zuhal Olcay shared from Deniz çakır: I love it so much

Zuhal Olcay shared from Deniz çakır: I love it so much

October 5, 2025
MAX has expanded the group calling function

MAX has expanded the group calling function

October 14, 2025
Nuri Bilge Ceylan participated in NYT survey: Choose the best films of the 21st century

Nuri Bilge Ceylan participated in NYT survey: Choose the best films of the 21st century

July 28, 2025
iPhone 17 Pro Max shows record autonomy in a comparative test

iPhone 17 Pro Max shows record autonomy in a comparative test

September 28, 2025
Something went wrong with Telegram

Something went wrong with Telegram

October 21, 2025
The “alien ship” took on an unbelievable color and began moving on its way to Earth. Why would an astrophysicist consider it an alien device?

The “alien ship” took on an unbelievable color and began moving on its way to Earth. Why would an astrophysicist consider it an alien device?

October 31, 2025
The Central Government Gross owes 11 trillion 462.4 billion liras

The Central Government Gross owes 11 trillion 462.4 billion liras

July 22, 2025
Zelensky's wife's program to transport Ukrainian orphans to Türkiye ended in scandal

Zelensky's wife's program to transport Ukrainian orphans to Türkiye ended in scandal

December 4, 2025
We're at the end of the game: Bulgarians protest massively against the government

We're at the end of the game: Bulgarians protest massively against the government

December 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?

Warning: array_sum() expects parameter 1 to be array, null given in /www/wwwroot/vicsun.org/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111