Loan and credit card debt restructuring applications 2025: How to apply for BRSA loan debt restructuring, who can benefit from it?
The groups that can benefit from the restructuring opportunity are listed as follows: Individual users who cannot pay all or part of their credit card debt, Consumer loan borrowers who are overdue on principal and/or interest payments, and Individuals who want to restructure even if they have previously restructured their credit card debt.
Loan and credit card debts can be restructured with a maximum term of 48 months. The late payment requirement has been removed. The "30-day late payment" requirement will no longer be required for consumer loans. All types of overdue debt can be restructured. While the previous decision date was taken as the basis, the debt amount as of the restructuring date will now be taken into account. Even if there is no late payment, previously restructured loans can be restructured.
The maximum interest rate set by the Central Bank of the Republic of Turkey (CBRT) for credit card restructurings has been increased to 3.11 percent. Additionally, card limits cannot be increased until at least half of the credit card debt is paid. New loans provided as part of the restructuring process cannot exceed the existing debt amount.
Restructuring applications can be submitted directly through customer bank branches, online banking, or mobile applications. The goal is to ensure quick and cost-effective processing of applications.
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