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

PRESS RELEASE: Servogear to propel Asian built windfarm vessels

The contract with Cheoy Lee Shipyards was signed in Q2 2018.

SERVICEBULLETIN: Grease filling of the propeller system

SERVICEBULLETIN 180921: Grease filling of the propeller system

FILM: The world´s first HD220 gearbox returns for an overhauling

The gearbox has been operating flawlessly for more than 20.000 hours...

Øveraasen delivers machine number 66 to New York

Totally over the last ten years, 

DNV GL commission worlds largest industrial explosion chamber at Spadeadam Research and Testing

The chamber supports not only a joint industry project ...

DNV GL celebrates double win at Lloyd’s List Asia Pacific Awards

We would like to thank all of the judges and Lloyd’s List for these awards,

WITH OR WITHOUT SKIRTINGS?

A theme that often comes back to me while working with new customers is the flooring,

Heating cable segment officially transferred to ØS Varme

Øglænd System AS’s future strategy will be focused on the sale...

Genesis is celebrating its 30th anniversary

TechnipFMC’s market-leading engineering and advisory company,