Norwegians have NOK 170 billion in consumer debt

Poor,moneyEmpty pockets is a bummer. Photo: Pixabay
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According to statistics from the Debt Register, Norwegians have a total of NOK 170 billion in consumer debt, E24 writes. The figures worry Kjell Ingolf Ropstad (KrF).

207,000 people sit on 60 percent of all consumer debt, which amounts to NOK 86.9 billion, according to E24. Each of these owes NOK 420,000 on average each, but many have borrowed more.

3,168 people have borrowed at least 20 consumer loans. These persons have an average amount of NOK 1.6 million. 29,203 people have taken up at least 10 consumer loans or more and owe an average of NOK 944,000.

Child, family and also consumer minister Kjell Ingolf Ropstad (KrF) thinks it is worrying that as many as 30,000 Norwegians have an average debt of almost one million kroner.

– “It is important that the community has effective measures so that these people get good help,” he says.

© NTB Scanpix / #Norway Today

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2 Comments on "Norwegians have NOK 170 billion in consumer debt"

  1. debt collectors love the debt trap–they are part of the problem.’
    its big business.
    how does it help Norway to have a declining population and be running the parent age group into the ground at the same time.
    make it impossible for them to be in debt…change the psychology..
    2 generations from now..Norway will be run by ‘others’
    Unless you act now and act fast..put in safety nets..protect families–prevent the ease of debt..you will lose your history and relevance..if you dont protect it

    protect norway and your future

  2. Funny fact, they completely destroy you and basically there is no waybto pay back.

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