{"id":2518,"date":"2017-02-28T06:36:00","date_gmt":"2017-02-28T06:36:00","guid":{"rendered":"https:\/\/safecreditsolutions.com\/up-to-1-million-people-not-able-to-pay-credit-card-debt\/"},"modified":"2026-03-10T17:18:38","modified_gmt":"2026-03-10T17:18:38","slug":"up-to-1-million-people-not-able-to-pay-credit-card-debt","status":"publish","type":"post","link":"https:\/\/safecreditsolutions.com\/en\/blog\/up-to-1-million-people-not-able-to-pay-credit-card-debt\/","title":{"rendered":"Up to One Million People Unable to Pay Credit Card Debts"},"content":{"rendered":"<p data-start=\"107\" data-end=\"403\">According to the <strong data-start=\"124\" data-end=\"153\">Turkish Banks Association<\/strong>, in <strong data-start=\"158\" data-end=\"166\">2013<\/strong> the number of people unable to pay <strong data-start=\"202\" data-end=\"229\">credit card debts alone<\/strong> reached <strong data-start=\"238\" data-end=\"251\">1 million<\/strong>, a <strong data-start=\"255\" data-end=\"277\">55% year-over-year<\/strong> increase. In <strong data-start=\"291\" data-end=\"299\">2012<\/strong>, total unpaid debts rose by <strong data-start=\"328\" data-end=\"339\">228,000<\/strong> cases, of which <strong data-start=\"356\" data-end=\"367\">155,000<\/strong> were exclusively credit card debts.<\/p>\n<p data-start=\"405\" data-end=\"732\">That same year, Turkey\u2019s <strong data-start=\"430\" data-end=\"461\">Interbank Card Center (BKM)<\/strong> reported that the <strong data-start=\"480\" data-end=\"514\">value of credit card purchases<\/strong> totaled <strong data-start=\"523\" data-end=\"538\">409 billion<\/strong> (local currency). Credit cards aren\u2019t the only pressure point: of card spending, <strong data-start=\"620\" data-end=\"627\">15%<\/strong> went to <strong data-start=\"636\" data-end=\"657\">supermarkets\/food<\/strong>, <strong data-start=\"659\" data-end=\"666\">11%<\/strong> to <strong data-start=\"670\" data-end=\"678\">fuel<\/strong>, and <strong data-start=\"684\" data-end=\"690\">8%<\/strong> combined to <strong data-start=\"703\" data-end=\"731\">clothing and electronics<\/strong>.<\/p>\n<p data-start=\"734\" data-end=\"916\">What about other critical debts? Between <strong data-start=\"775\" data-end=\"783\">2012<\/strong> and <strong data-start=\"788\" data-end=\"796\">2013<\/strong>, the number of people unable to pay <strong data-start=\"833\" data-end=\"878\">mortgages, auto loans, and personal loans<\/strong> rose from <strong data-start=\"889\" data-end=\"900\">308,000<\/strong> to <strong data-start=\"904\" data-end=\"915\">464,000<\/strong>.<\/p>\n<p data-start=\"918\" data-end=\"1109\">Authorities plan <strong data-start=\"935\" data-end=\"947\">measures<\/strong> this month to curb and reduce <strong data-start=\"978\" data-end=\"1002\">credit card spending<\/strong>. Once in effect, they would include <strong data-start=\"1039\" data-end=\"1086\">limiting or eliminating installment options<\/strong> for certain purchases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the Turkish Banks Association, in 2013 the number of people unable to pay credit card debts alone reached [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[85,86],"tags":[],"class_list":["post-2518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-en","category-credit-legal-en"],"_links":{"self":[{"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/posts\/2518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/comments?post=2518"}],"version-history":[{"count":4,"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/posts\/2518\/revisions"}],"predecessor-version":[{"id":3239,"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/posts\/2518\/revisions\/3239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/media\/2916"}],"wp:attachment":[{"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/media?parent=2518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/categories?post=2518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/safecreditsolutions.com\/en\/wp-json\/wp\/v2\/tags?post=2518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}