Rising difficult indebtedness among young adults calls for new measures to prevent issues
The removal of many Finns' payment default entries shortly after the credit information law amendment came into effect in December 2022 was a positive development. However, an analysis of debt collection data by Intrum reveals that the proportion of heavily indebted individuals among all debtors has been steadily increasing since 2019. The most significant growth has been observed in the age group of 18-24-year-olds.
Source: helsinkitimes.fi
