Money in the account within a few minutes may sound attractive, but can lead to a lifelong debt trap, says the party's economic policy spokesperson Mikael Damberg at a press conference.
Among other things, the party proposes a new settlement rule at the Enforcement Authority. According to the proposal, debts that are issued should primarily go towards amortization and secondly towards interest payments. Not like today, when it's the other way around, which means that the debt at the Enforcement Authority can continue to grow.
This leads to debtors for life, people who pay as much as they can every month but still see their debts increase, says the party's consumer policy spokesperson Jennie Nilsson.
A similar proposal was included in an investigation from 2023, which was set up by the previous Social Democratic government. The proposal for a new settlement rule was however dropped by the bourgeois parties in the final bill, partly with the motivation that it risked not having the desired effect and becoming costly for the Enforcement Authority.
The party also wants to see a debt and credit register, a proposal that was also included in the investigation but which the government chose not to pursue.
In addition, the party wants unscrupulous creditors to pay more when their cases are handled by the Enforcement Authority, and that a cooling-off period and right of withdrawal should be introduced for quick loans.
