Some of our clients still associate Gjeldsregisteret with a secret scroll of records containing detailed information about clients and the debts they incurred in Norway. This scroll is guarded in the dark underground by a malicious troll who flashes his teeth at anyone that tries to get closer to reveal the secret... In this article, we try to show that the devil’s not so black as he is painted, because the Norwegian debt register serves both financial institutions and individual consumers on a daily basis.

Have you not paid for the gym membership? Have you forgotten to pay for electricity, telephone or an old ticket? Have you tried to postpone the loan installment by two months?

This may have serious financial consequences for you. First of all - you will not receive any more loans from the bank.

A car loan, two cash loans, installments for a TV, plus credit cards in Norway... who would remember all of that? And you have to pay on time, because if you forget the loan installment, the consequences can be almost as serious as if you forgot your wedding anniversary

As every year, everyone who received their tax return result in June was subject to a recalculation of their creditworthiness in Norway. Your creditworthiness, or kredittverdighet, shows your financial standing with banks or other companies. Therefore, if you have already received your credit score for 2020, make sure that it appears on the creditworthiness systems Bisnode or Experian. Otherwise, you may be denied credit.

For a man is rich in proportion to the number of things which he can afford to let alone

(Henry David Thoreau, Walden; or, Life in the Woods)

You live and work abroad and you’ve had more than your fair share of dealing with bank loans in Norway, so perhaps you think: What more there is to know about them? See for yourself!

Bank loans in the country of fjords are the topic that many of our clients probably know quite a lot about. All in all, we spare no effort to provide the best and the most accessible knowledge in this area. However, even when it comes to such a broad topic as finances in Norway, you can find niches and myths that even someone like you might have believed.

The new year favors making resolutions and plans. People who work in Norway and have been registered in this country for several years, can freely carry out their planned projects there, such as buying a car, an apartment, or a house, as well as starting their own business. For this, however, money is needed.

Let's sort out our knowledge about how foreigners in Norway can apply for a loan in this country and what offers are currently available to us.

It is possible. Don’t you believe? See for yourself.

You have been working your socks off for a while, toiling away in Norway to afford everyday life investments. You have a permanent job and some savings in your bank account. Real estate prices are dropping temptingly, your wife has just finished an interior design course and she is looking forward to arranging your future cozy place in the country. Moreover, it is clear that the time has come to replace your car with a new model. In brief - you know it is time for a loan.

Have you heard about loan refinancing? You can reduce your monthly payments by turning your loans and credit cards into one debt. If you are paying off a loan in Norway and thinking about saving some money, make sure to read this article to find out if this solution is worth considering in your situation.