Sliter med å tilbakebetale høy gjeld
I have a big debt, about 870 000 kr, in 8 different banks. I’m earning per year around 465 000. For minimum monthly payments I need to pay around 20 000 for all my loans and card givers! Last 2-3 years I'm just paying interest, but not reducing my debt at all. I live with my samboer, but she is a substitute, so her salary is very unstable! I wanted to ask if maybe I have some solutions or could get some advise how to make it easier? Is the best solution to try to apply for debt settlement?
Svar:
Your problem is very common. There are several banks and financial institutions that are experts at creating situations where people who are able to pay in the long run, make a miscalculation or two, and end up suddenly paying vastly higher interest rates and fees than they acually contracted for. This is a whole business model, and you are free to consider yourself a victim of it. There is unfortulately very little I can do about it from here. If their calculations are right, you will be stuck paying super-high interest rates and fees for a long time to come. Only if your situation is so bad that there is no real hope to pay it off, will you be able to successfully demand a debt settlement. An outcome that we see far too often is that people become burned-out from all the stress that they lose their jobs, and then the situation becomes truly hopeless and they can demand a debt settlement.