After changes of this type, manipulations will not be possible. First of all, because the Debt Register is updated daily. What’s more, information about even credit cards already repaid or consumer loans is there until a new skattemelding is issued. Although the balance will be zero in this case, there will be information about the interest paid on the loan, which entitles you to a tax refund.
The changes have a significant impact on the possibility of receiving a consumer credit. Mainly due to the fact that your creditworthiness is likely to decrease. Firstly, because from the beginning of 2019, the amount of all liabilities can not exceed 5 times your annual income. Secondly, because even an unused credit card limit appears in Gjeldregister as debt, which obviously reduces creditworthiness.
Therefore, if you want to apply for a consumer credit under the new rules, you should verify your actual debt. First of all, pay attention to what limit you have set on your debit card. If you don’t use it in its entirety, contact your bank and reduce it. This will increase your creditworthiness. At the same time, we encourage you to contact us. We will analyze your situation carefully and help you get a consumer credit.
You should be aware of the fact that the changes made to consumer credit rules are temporary. They are only expected to apply until the end of 2020. The aim was to reduce the risk to the Norwegian economy. This intention stemmed directly from historically high household debt. It is not yet known what rules will apply after 2020.