With a new regulation on loan interest rates, the BRSA gradually changed the maturity limits. With this new regulation, the upper limit was changed to 24 months and 12 months.
Due to an economic bottleneck all over the world, our need for borrowing and borrowing continues to increase day by day. However, there are issues to be considered while taking a loan and important details to be aware of.
The Banking Regulation and Supervision Agency (BDDK) made a new regulation today and made a general change in loan maturity rates. With the new amendment, some regulations have been introduced that are closely related to those who want to take out loans.
Changes in the maturity limits of consumer loans
With the statement made by the BRSA, The maturity limit for consumer loans to be drawn between 50 and 100 thousand liras is 24 months; For amounts of 100 thousand and above, the maturity limit is 12 months. was determined as.
However, another noteworthy detail in the statements is; There was a regulation regarding the change in the minimum amount of credit card period debts. The minimum payment amount paid at the rate of 20 percent for all limits before the change; It has been increased to 40% for users with a credit card limit of more than 25 thousand TL.