Looking for a specific product?

Make a search for products & suppliers, articles & news.

Record Personal Debt among Norwegians

Norway Creditor Association is concerned about the record high debt among Norwegian consumers.

The unpaid debt among Norwegian consumers have passed 65 billion NOK. Bank and credit card debt is on top of the debt record, followed by liabilities in connection with mobile and broadband, insurance liabilities, liabilities to the public, and internet shopping, according to TV2’s report.

Silje Sandmæl, a consumer economist at DNB Bank, thinks that people should have things at once, and the problem stems from inability to wait for having new things. 

-We buy things in advance, using the credit card and consumer loan records, says Sandmæl to TV2

She is surprised by the high debt figures, and believes many are living in a bubble.

Related news

Latest news

Biggest feed barge delivery ever

At the shipyard in Gdynia Poland, 7 feed barges were recently loaded onboard the vessel Jumbo Vision. The barges are destined for Canada and will be operational this summer. 

Max Planck and CMR cooperation

Scientists at Christian Michelsen Research are currently developing, together with colleagues from the Max Planck Institute for Iron Research (Germany), the Field Kelvin Probe (FKP). This FKP will enable contactless detect...

Consilium equips 48 buildings in Galway, Ireland, with lifesaving panels

Consilium Building Safety has received a strategical order from our Irish distributor...

CADCAM options for the open-minded

“Naval architects log into the Vestdavit digital library and can download exactly what they need within a couple of minutes,

DNV GL COMPIT Award 2017 for smart underwater robotics

Marco Bibuli was announced as the winner of the DNV GL COMPIT Award 2017, which took place in Cardiff this year. The Italian maritime robotics expert, working at the Italian research centre CNR-ISSIA in Genova, was honoure...

Record Number Applications for the Innovation Award!

A total of 28 applications for the Nor-Fishing Foundation Innovation Award, – which includes a check for NOK 100 000 – has been received by the deadline the 1st of May. This represents a 36% increase from record year ...

Midt-Norsk Havbruk and Plastsveis enter into agreement to build smolt facility

“We have followed the development of technology for smolt production carefully for several years,

DNV GL launches on-demand, web-based forecasting at WindPower 2017

Energy traders and plant operators gain online access to hourly forecast data at plant and regional level...

International Quality Awards announced

The Chartered Quality Institute (CQI) launches a series of quality awards designed to recognize the contribution of quality professionals across the globe.