Debt collection claims keep falling, breaking the trend
The number of debt collection claims continues to decrease according to statistics from the industry organization Swedish Debt Collection.
BusinessThe number of debt collection claims continues to decrease according to statistics from the industry organization Swedish Debt Collection.
BusinessThe number of debt collection claims fell 9.1 percent year-on-year during the first half of the year, according to statistics from the industry organization Swedish Debt Collection. But the share of those receiving debt collection claims who are 55 years of age or older is increasing, the figures show.
BusinessHoliday periods combined with new rules for letter delivery can increase the risk of missed invoices and payment reminders. The warning comes from the industry organization Swedish Debt Collection, which is also seeing a growing mountain of debt among Swedish households.
BusinessThe decision to eliminate the right to deduct unsecured loans risks leading to an increase in the number of borrowers with the Swedish Enforcement Authority. The warning comes from Swedish Debt Collection, even as the number of debt-collection claims is actually decreasing.
BusinessMore and more elderly people are receiving debt collection demands. Almost 15 percent of all new debt collection demands concern people over 65. That is an increase of 6 percent in one year and 15 percent in two years, according to recent figures from the Swedish Debt Collection Association.
BusinessBorås, Stockholm, and Gävle are among the municipalities where most residents received debt collection claims in April, according to figures from Swedish Debt Collection. But the indebtedness does not look the same throughout Sweden.
BusinessThe number of collection claims decreased significantly in November, but at the same time, an increasing number of people are experiencing payment difficulties. The signals we've seen in November are slightly alarming, says Fredrik Engström, chairman of Swedish Collection.
BusinessMore and more people are having trouble paying back their debts. More debtors than before are being forced to set up a payment plan with debt collection companies, new statistics show.
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