Saturday, November 1, 2025
No Result
View All Result
Australian One
Advertisement
Australian One
No Result
View All Result
Australian One
No Result
View All Result
Home Business

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

October 9, 2025
in Business

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

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.
Previous Post

“Philip's rise started with a PR affair”: what really connects Kirkorov and Olga Buzova

Next Post

Real Madrid will turn the market upside down: If it ends, Arda Güler may be affected

Related Posts

Live gold price October 31, 2025: What is the price of gram gold, precious gold and ounce gold today? (Gold trading price)
Business

Live gold price October 31, 2025: What is the price of gram gold, precious gold and ounce gold today? (Gold trading price)

November 1, 2025
Minister Şimşek: Inflation will decrease rapidly
Business

Minister Şimşek: Inflation will decrease rapidly

November 1, 2025
0 interest loan campaign: Which bank lends how much 0 interest? Opportunity to borrow 90 thousand TL with a term of 3 months
Business

0 interest loan campaign: Which bank lends how much 0 interest? Opportunity to borrow 90 thousand TL with a term of 3 months

November 1, 2025
On sale: BİM's current product catalog on Friday, October 31, 2025: TVs, cooking utensils, mini-fridges and scooters coming soon
Business

On sale: BİM's current product catalog on Friday, October 31, 2025: TVs, cooking utensils, mini-fridges and scooters coming soon

October 31, 2025
Papara's operating license was canceled
Business

Papara's operating license was canceled

October 31, 2025
Next Post
Real Madrid will turn the market upside down: If it ends, Arda Güler may be affected

Real Madrid will turn the market upside down: If it ends, Arda Güler may be affected

Recommended

Professional look, do business, receive high salaries: Let us recognize the quiet concealment

Professional look, do business, receive high salaries: Let us recognize the quiet concealment

September 8, 2025
In the United States, after the scandal, they paid a lawyer to a Ukrainian murderer

In the United States, after the scandal, they paid a lawyer to a Ukrainian murderer

September 9, 2025
NATO nation has accused Belarus violating borders

NATO nation has accused Belarus violating borders

August 2, 2025
The theater starts with “poster”. The company talked about the main launches of Moscow and St. Petersburg

The theater starts with “poster”. The company talked about the main launches of Moscow and St. Petersburg

September 3, 2025
TASS: Actress Agraya Tarasova is in a state of awake at the time of detention

TASS: Actress Agraya Tarasova is in a state of awake at the time of detention

September 6, 2025
Industrial production decreased in Germany

Industrial production decreased in Germany

August 9, 2025
Expected date for Fed's interest rate decision! When is the PPK meeting of the US Federal Bank?

Expected date for Fed's interest rate decision! When is the PPK meeting of the US Federal Bank?

September 25, 2025
The court seized the property of the owners of the brand “Kiriyshki” and “Yashkino” Stengelovs

The court seized the property of the owners of the brand “Kiriyshki” and “Yashkino” Stengelovs

October 2, 2025
Australian One

  • Home
  • Politics
  • World
  • Society
  • Business
  • Entertainment
  • Opinion
  • Sports

© 2025 Australian One

No Result
View All Result
  • Home 1
  • Home 2
  • Sample Page

© 2025 Australian One