Help with debt advice

Vardagsekonomi
1

Hi everyone,

I’m in the middle of a divorce and dealing with a total debt of 700,000 SEK. I am trying to take control of the situation, starting with the 300,000 SEK that consists of “bad debt” (high-interest consumer loans and credits).

Because things have been chaotic, I don’t have a clear list of every single creditor, interest rate, or where the debts currently sit (if they are with the original bank or a collection agency).

I have a list of all credits,

**I need help with the technical steps of compiling this list in the Swedish system, where can i go to merge all credits,

I have 4 smaller loans total 141,000 SEK

and 2 credit cards total 130,000 SEK

i have a larger loan but is actually not the one affecting me since is only 6k a month, is the smaller ones that are affecting me since they accumulate to 13000 a month

Any help on best way to go would be appreciated,

2

What is your income?

What’s your monthly expenses (and how much could you put towards paying off debt each month?)

3

Check out this guide on how to get help from the local municipality.

4 gillningar
4

Maybe you can start here, they gather information from UC and might give you a good start in the right direction? Free to use of course.

5

I would follow the advice from the other member above and contact the budget- och skuldrådgivare in your municipality. You can find their contact details on your municipality’s website. They can help you understand your situation and guide you on the best way forward.

It’s also a good start that you already know which creditors you have. While I’m not an expert in this area, I would suggest contacting each creditor directly to ask for the current status of your debts, including balances, interest rates, and any overdue amounts. You can also ask whether it’s possible to fix or lower the interest rate on your consumer loans and try to negotiate with them. I’ve heard that some creditors can be more flexible than others in that regard.

Regarding the remaining debt — is any of it tied to a mortgage? If so, it may be worth contacting your bank to see whether it’s possible to increase the mortgage and use those funds to pay off higher-interest consumer loans and credit debts. Mortgage interest rates are often significantly lower.

If that is not an option, you could also look into alternatives such as Anyfin. I haven’t used their service myself, but I’ve heard that they may be able to refinance existing consumer debt by offering a new loan with a lower interest rate.

Also, as a general rule, try to pay off the loan or credit with the highest interest rate first, since that will usually reduce your overall costs the fastest.

4 gillningar