Turkey’s banking watchdog is giving more people a chance to rework their loans, as high interest rates and economic strain leave many struggling to keep up with credit card bills and other debts. This move aims to ease the burden on cash-strapped households, especially those relying heavily on card spending.

Editor’s Note: With Turkey’s economy still shaky and borrowing costs high, this decision could offer some relief to regular folks drowning in debt. But it’s also a sign of deeper financial stress—restructuring loans helps in the short term, but it doesn’t fix the bigger issues driving the crunch. If you’re watching Turkey’s economy, this is another ripple in an ongoing storm.