most household debt it’s either student loans and/or mortgage. While true in absolute numbers, the amount of unsecured debt in Sweden is among the highest in E

most household debt it’s either student loans and/or mortgage. While true in absolute numbers, the amount of unsecured debt in Sweden is among the highest in Europe pr. capita and has been growing very fast for the past decade. Equally the percentage of loan payments going towards paying down loans, as opposed to servicing the interest, is decreasing[1]. There is a reason why seemingly 80% of ads you see here are either for online casinos or loan companies ;) The number of people in Sweden defaulting on their loans (being sent to Kronofogden) is also growing at an alarming rate. [1] fi.se/contentassets/3900398fb47e41d6a6a5d9af378a1f36/konsumtionslan2019ny20190614.pdf