NEW Party Istanbul Deputy Özgür Karabat stated that according to BRSA data, individual debts increased by 14 percent and individual receivables under follow-up increased by 36.2 percent in six months, and pointed out that the citizens' ability to pay debts is gradually weakening.
Karabat emphasized that the debt under follow-up on credit cards is approaching 200 billion lira and criticized the economic policies.
"APPROXIMATELY 60 PERCENT OF THE INCREASE IN DEBT RESULTS FROM CREDIT CARDS"
NEW Party Istanbul Deputy Özgür Karabat stated the following in his statement on his social media account:
"What kind of economy is this? Debts increased by 14 percent in 6 months, and non-performing loans increased by 36 percent. Citizens in Türkiye are increasingly indebted. But the real danger is different. The ability to pay debts is weakening much faster. The picture revealed in the last 6 months of BRSA data is dire. Let's look at the debt of the citizens. The debt, which was 6 trillion 171 billion TL on April 3, 2026, reached 7 trillion 35 billion TL on October 2. In just 6 months An increase of 864 billion TL. These figures show not only the growing credit volume of banks, but also the huge debt burden on the shoulders of citizens.
Individual credit card debts, which were 3 trillion 12 billion TL in April, increased to 3 trillion 534 billion TL at the beginning of October. An increase of 522 billion TL in 6 months. Approximately 60 percent of the total personal debt increase stems from credit cards. Credit cards are now an important financing tool in the budgets of millions of households. The real danger is that citizens have difficulty paying their debts. Individual receivables under follow-up, which were 278 billion TL in April, increased to 379 billion TL at the beginning of October. 36.2 percent increase in 6 months. During the same period, total individual debt grew by only 14 percent. In other words, non-performing loans are increasing approximately 2.6 times faster than the debt stock."
"DEBTS PURCHASED ON CREDIT CARDS ARE APPROACHING 200 BILLION LIRAS"
"The non-performing debt on credit cards is alarming. Credit card non-performing debt, which was 145.6 billion TL in April, reached 170.2 billion TL in July and 199.8 billion TL in October. An increase of 37.2 percent in just 6 months. The ratio of non-performing receivables on credit cards to total card debts increased from 4.83 percent to 5.65 percent. This table shows that the payment difficulty is getting worse. The problem is not only with the citizens. Total non-performing loans of the banking sector were 683 billion TL in April, 776 billion TL in July, and 915 billion TL in October, an increase of 232 billion TL in 6 months. This reveals another picture showing how wrong the economic policies are.
High living costs on one side, growing debts and interest burden on the other... If the citizen's debt increases by 14 percent and non-performing loans grow by 36 percent, this means that there is a serious payment capacity problem. While fighting inflation, it should also be questioned how the debt burden and living conditions of households change. Individual debts increased by 864 billion TL in 6 months. Individual receivables under follow-up grew by 101 billion TL. The outstanding debt in credit cards has reached 200 billion TL. "On the one hand, AKP's elites who take billions of liras from the funds and the stock market, and on the other hand, millions of citizens who are stuck with credit cards to make ends meet... Is this economic situation sustainable?"
