Thursday , August 11 2022

Last record: Warranties will be extended to 60 months


The Chairman of the Bank Regulatory and Supervisory Manager (BRSA) Mehmet Ali Akben, consumer consumer credit cards and loans were evaluated.

Akben said that the individual consumer credit and loan card installment limit was extended in terms of extending the maturity. This study will contribute to the regeneration of domestic demand as well as individual consumer hand relief.

Akben, bank loan transactions when regulating the loan is made differently from 36 months to 60 months, saying the need for loans:

"For purchasing vehicles with a price of up to TL 120,000, the season will increase from 48 months to 60 months. We review the maturity of loans extended to win a 6 month computer for 12 months.

With the regulation made on the credit card installment boundary, the installment number will increase from 6 to 12 in computer purchases and transport expenses.

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The cost of the installment will increase from 9 months to 12 months in domestic spending related to travel and expenditure agencies related to health and social services. The number of installments in each product and service spending group will increase from 9 to 12 on corporate credit cards. "

Akben replied that late consumer loan debt balances were restructured to be limited to a maximum of 60 months if the lender asked.

UPDATE 24 hours

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