Explosion in executive files
Economic Due to the crisis and poverty, citizens are trying to survive by going into debt, they cannot pay their debts and they turn into foreclosures. Although there were 5 million 8 thousand 816 execution files last year between January 1 and July 21, this number increased by 3 million 142 thousand 564 and reached 8 million 151 thousand 380 as of July 21, 2023. Thus, the number of new files in the control offices increased by 62.7 percent compared to the same period of the previous year. Currently, the number of files in the application offices has reached 21 million 821 thousand.
CHP Niğde MP Ömer Fethi Gürer stated that there was a 226.65 percent increase in credit card spending, saying, “There is a 187.94 percent increase in credit card spending from markets and shopping malls. Citizens not only consume what is in their pocket, but also their future income in advance,” he said, adding:
FOLLOWING
“The credit and credit card debt of citizens with banks has reached 2 trillion 329 billion 656 million lira. Within this amount, there is an amount of 35 thousand 507 million liras, which has faced difficulties in payment and is being monitored by the banks. The number of people who have current debts among individuals who have not paid their personal loan and credit card debts has reached 3 million 840 thousand 465.

CHP Niğde Deputy Ömer Fethi Gürer
Card debt reached 808 billion TL
According to weekly data from the Banking Regulation and Supervision Agency (BDDK), citizens increased their spending on credit cards after the elections. Compared to the BRSA data from July 14, banks’ individual credit card receivables increased by 138 billion lira, from 670 billion lira to 808 billion lira since May 12. 393.435 million lira of personal credit card receivables were in installments and 415.275 million liras were without installments. In the same period, the amount of consumer loans increased by 50 billion lira to 1 trillion 403 billion lira.
Source: Sozcu

Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.