The demand for credit cards has increased in recent years.
Through these cards offered by banks, citizens have the opportunity to withdraw cash, make purchases and pay debt in installments.
But sometimes it happens that citizens are unable to repay the funds on time and end up heavily in debt. For this reason, the rules for issuing credit cards are expected to be tightened.
According to deputy Vugar Bayramov, two related issues are currently on the agenda.
ATV’s “Zona Económica” program prepared a plot on the subject.
More details in the video:
UPDATE on credit cards: issuing rules may be stricter
UPDATE on credit cards: issuing rules may be stricter