Restrictions on Credit Card Usage and Installments are on the Way

The Decision on the Approval of the 2024 Presidential Annual Program included important details regarding credit card use. According to the decision, there will be restrictions on credit card use and installment applications in 2024.

The last of the Official Gazette in duplicate numbersigned by President Recep Tayyip Erdoğan.Decision on the Approval of the 2024 Presidential Annual Program (Decision Number: 7739)” was published. This decision, most of all, using credit card It hosts an important issue regarding citizens.

The government has been aimed at reducing inflation is taking steps. It seems that soon, citizens who use credit cards will also be affected by this situation. Details on the subject are not known for now, but in the decision published in the Official Gazette, new regulations regarding credit card usage were made. precautions will be taken It is stated.

There may be a reduction in credit card shopping and installment options.

‘Decision on the Approval of the 2024 Presidential Annual Program’According to the new steps to be taken for credit card use, “to prevent consumption increases” will be. The decision stated that the use of credit cards has inflation-increasing effects. will restrict looks like. However, as we have just mentioned, it is not yet clear what kind of regulations will be made.

RELATED NEWS

Annoying “Secret Raise” Explanation from Experts: Even if inflation falls, neither the prices nor the grams will return to their previous state…

According to the decision published in the Official Gazette, regulations will be made regarding the number of installments for credit card purchases and cash withdrawals. From here; For installment purchases by credit card, The maturity number can be reduced or we may conclude that installment shopping can be eliminated completely in some categories. It seems that it would be beneficial for citizens who do not want to be affected by the regulations to be made, to buy the products they need now…


source site-39