The decline follows the years 2023-2024, when the influx of applications for payment orders to the Enforcement Authority rose to the highest level since the major Swedish bank crisis in the 1990s.
We are very highly indebted in Sweden and are very sensitive to interest rates and inflation. So this affects our economic everyday life very much, says Davor Vuleta.
Unpaid loans and credits
It is often debt collection companies that are behind the actual application for a payment order to the Enforcement Authority. But analyses made by the Enforcement Authority show that a third of the applications concern unpaid loans, credits and credit card claims and that these claims together account for two-thirds of the total amount claimed.
Requirements for bank licenses to lend money, as well as new cost and interest rate ceilings, have dampened the problems with so-called quick loans, according to Davor Vuleta. But he demands better credit assessment routines among lenders.
The lender must take responsibility and not lend money to people who should not have loans, he says.
And in the end, the individual who borrows must also take responsibility for their own personal economy. It is a collaboration that is required, he adds.
Believes the trend will continue
Unpaid mobile bills or bills for care and nursing are two other major categories among the applications for payment orders, as well as bills for electricity, gas, heat and cold.
They are paid to a greater extent because they are for smaller amounts and there are incentives to pay. If you do not pay the mobile bill, the mobile service will be shut down.
Davor Vuleta believes that the downward trend in applications for payment orders to the Enforcement Authority may continue.
Our forecasts show that the number of claims to the Enforcement Authority will decrease - if nothing else unforeseen happens.
The number of applications for payment orders that have been received by the Enforcement Authority fell by 11 percent during the first half of the year compared to the same period last year - down to almost 600,000 applications.
The number of affected persons is also falling, down by 9 percent to 268,000. And if you combine all the amounts covered by the applications, the sum fell by 16 percent.
The trend is particularly clear among younger households. The number of cases at the Enforcement Authority that concern people in the ages 26-34 fell by 15 percent, while the amounts this age group has had problems with fell by as much as 26 percent.
Source: The Enforcement Authority
