Due to the interest in the repayment of KYK loans, social media has been agitating with this agenda for the last 1 month. In the end, the authorities heard the voice of the people and it was decided to pay only the principal in the KYK loan. Let’s take a look at the reactions from social media after this decision.
For the past 1 month, the inflation interest added to the Credit and Hostels Institution loan has been on the agenda of all Turkish youth. Here, we have compiled the reactions of people on social media, who received many times more than the money they received when they questioned the repayment of the KYK loan.
This issue, which has been on the agenda of the public for a very long time, started to move into the language of politicians after a while. With the decision announced today after thousands of shares on social media, it has become certain that the recipient will only be responsible for the principal in the repayment of KYK loans. So how did everything turn out? Let’s look at the victory story of social media.
People have been complaining about the interest added to their KYK loan debts for the past 1 month.
Many people on social media were shocked to see the interest on the repayment of the KYK loan they received. A citizen who signed a 37.400 TL KYK loan said that the ‘Total Amount of Inflation Difference’ is almost He saw that it was 92.000 TL. He was not the only one, millions of university students like him were complaining about the same problem on social media.
For a while, the authorities remained silent. Later, with the involvement of politicians and celebrities, the process accelerated and President Erdoğan, in a speech he made, ‘They have made a new regulation regarding the repayment of KYK loans, they will not make any Turkish youth victim’ he had said. One of the politicians who had the most influence on this decision was CHP Leader Kemal Kılıçdaroğlu and said, “Do not pay your KYK debts with interest!” he said.
Finally too President Recep Tayyip Erdoganafter the cabinet meeting held today, announced that the difference between interest and inflation in the repayment of KYK loans has been eliminated, and that the borrowers will only pay the principal.
Of course, this was before KYK angered people who repaid their loans with interest. It is not known what to do about it, but for now, it is useful to look ahead. Let us compile the reactions to the deletion of KYK debt interests, and after you look at them, share your thoughts with us in the comments.
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Reactions from social media to the removal of the interest and inflation difference in KYK debt:
