A New Era Begins in Installment Shopping: Businesses Will Be Sent Notices Regarding Limits - Sözcü Newspaper.
13 Articles
13 Articles
With the regulation amendment published in the Official Gazette, the existing installment limits for installment sales of goods and services other than housing sales have been removed. At the same time, the authority to determine installment limits and introduce flexible restrictions has been transferred to the Ministry of Trade. The Ministry of Trade's authority in retail trade...
The Ministry of Trade has abolished existing regulations regarding installment periods and amount limits for the sale of goods and services other than residential properties, thus completely relinquishing the authority to determine installment payment rules to itself.
The Ministry of Trade has revised its authority to determine installment periods and impose additional restrictions on the sale of goods and services other than residential properties. The amendment, published in the Official Gazette on October 15, 2026, paves the way for new installment rules.
The authority to determine installment periods and impose additional restrictions on purchases of goods and services other than housing sales was given to the Ministry of Commerce. The new regulation also covers credit card users who use credit cards to pay for a later installment and deferred payment for a fee. The amendment to the regulation, which concerns citizens who make purchases in installments with a credit card, came into force, publis…
A new period in installment purchases has begun. By the regulation published in the Official Gazette of October 15, 2026, the Ministry of Commerce was authorized to determine the installment periods and impose additional restrictions on the sale of goods and services other than housing. How the new installment limits will be applied will be clarified by the decisions of the Ministry.
The Ministry of Trade has amended regulations determining installment periods for purchases of goods and services other than residential properties. With the regulation published in the Official Gazette, the general 12-month limit and the provisions regarding sector-specific installment periods have been removed, and the Ministry has been given the authority to determine new periods and impose additional limitations.
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