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Finwire

Finwire

Interest-bearing credit card debt rises sharply in Norway

Interest-bearing credit card debt in Norway increased by NOK 2.1 billion during August and September, significantly more than during the same period last year.

In September alone, it rose by NOK 0.9 billion to NOK 42.5 billion.

Total consumer debt increased 0.6 percent from August to NOK 178.3 billion.

Over twelve months, the increase is 1.7 percent.

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