Wednesday, January 26

Consumer debt was reduced by more than 7 per cent last year

Last year, Norwegians’ total consumer debt was reduced by 7.1 per cent. In December alone, consumer debt was reduced by almost NOK 3 billion.

In December, consumer debt was reduced by almost NOK 3 billion.

Published: Published:

Norwegians’ unsecured debt now amounts to NOK 148.5 billion, according to figures from Norwegian Debt Information as of 1 January.

During December, consumer debt was reduced by 2.8 per cent, contrary to what Finans Norge expected.

also read

Finanstilsynet: Norwegians took out significantly less in consumer loans last year

– We had expected that there would be a small increase in consumer debt during Christmas shopping. But the opposite has happened, says Gry Nergård, consumer policy director at Finans Norge, in a press release.

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Stopping the decline in Norwegian consumer debt – Norwegians owe NOK 150 billion

Last year, unsecured debt was reduced by NOK 11.3 billion – or 7.1 per cent – and now amounts to NOK 148.5 billion.

Two years ago, in January 2020, unsecured debt amounted to NOK 175.8 billion. During this period, the reduction was NOK 27.3 billion.

Reference-www.aftenposten.no

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