Key Points
- 44 million people are struggling to stay afloat with credit
- Consumer loans and individual credit card debts increased from 5 trillion 728 billion liras to 6 trillion 677 billion liras
- The amount of debt that fell into default increased from 242 billion liras to 337 billion liras
By the Numbers
CHP Niğde Milletvekili Ömer Fethi Gürer stated that between the first week of 2026 and the week of July 24, consumer loans and individual credit card debts increased from 5 trillion 728 billion liras to 6 trillion 677 billion liras. Gürer also noted that the amount of debt that fell into default increased from 242 billion liras to 337 billion liras during the same period, and the amount of debt transferred to asset management companies reached 132 billion liras.
Gürer emphasized that the debt burden of citizens is becoming increasingly heavier, and since the beginning of the year, citizens have increased their debt to banks by 1 trillion 43 billion liras. Gürer also stated that the total debt of citizens to banks, which was 6 trillion 103 billion liras in the first week of 2026, increased to 7 trillion 146 billion liras as of the week of July 24.
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Frequently Asked Questions
- Why is the debt burden of citizens increasing?
- Because income growth is far behind the increase in the cost of living, people are forced to turn to credit cards, credit accounts, and consumer loans.
- Why is the number of files in execution offices increasing?
- The density in execution offices is one of the most concrete indicators of how much citizens are economically struggling.
- Why is the number of people using individual credit increasing?
- The number of people using individual credit has increased by approximately 1 million 900 thousand people in the last year, reaching 44 million 300 thousand.
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