Help with debt for
you who own a home
We work with 15 banks
We find a safe loan for you
We help you for free
How we help you with debt:
1.Fill in the application form
It only takes a few minutes and the service is completely free and non-binding for you.
2. We talk to the banks
Your advisor will talk to our partners and find the best solution for you.
3. You receive a non-binding offer.
Once we’ve landed the solution we believe in, we’ll contact you for a no-obligation quote.
Refinancing of debt
If you’re struggling with debt or having trouble paying your expenses, you should seek help as early as possible. We can give you good advice and tips about your finances. You’re not alone and we’re only here to help you find a better solution by collecting and refinancing debt.
The service is free of charge.
Debt problems? – we’re here to help you.
There are thousands of reasons why debt piles up and becomes challenging to manage. We don’t judge and are only here to help you find a better solution.
FAQ about debt
Debt arrangement
This is a legal arrangement that can help individuals or companies deal with debt problems. The aim is to gain control of their financial situation. This may involve refinancing debt, often with negotiations on repayment plans, accrued interest and fees.
Debt settlement can be a solution to avoid more serious consequences, such as bankruptcy, and allows for a fresh start financially.
We will first try a regular refinancing if you have a property that you can offer security for.
Debt definition
Debt is an amount that a person or business owes to another party, usually as a result of a loan agreement. When a party borrows money or obtains goods or services on credit, a debt arises that must be repaid within an agreed timeframe, often with interest.
Debt is divided into two main categories:
- Short-term debt: Loans that have a short repayment period, such as credit card debt or consumer loans.
- Long-term debt: Loans that have a longer repayment period, such as mortgage loans or bond loans.
Debt restructuring
Debt restructuring is a process in which a person or business is given the opportunity to have their debts reduced or forgiven, often as a result of a financial assessment and an agreement with creditors. The goal of debt restructuring is to help the debtor get out of a difficult financial situation and regain control of their finances.
In Norway, debt restructuring is regulated by the Debt Arrangement Act, and it can take place through the following steps:
- Application: The debtor must submit an application for debt restructuring to the court, documenting their financial situation.
- Assessment: The court assesses the application and decides whether debt restructuring is appropriate.
- Plan: If the application is approved, a plan is drawn up for how the debt will be reduced or forgiven. This may involve paying part of the debt over a set period of time, while the rest may be forgiven.
- Execution: The debtor follows the agreed plan and once completed, any unpaid debt will be forgiven.
Debt restructuring gives the debtor the opportunity to make a fresh start financially and can help prevent more serious consequences, such as bankruptcy.
Debt to equity ratio
When it comes to personal finance, debt-to-income ratios are often used to assess how much of your income goes towards paying off debt. Generally speaking, it’s important to keep your debt-to-income ratio at a level that is manageable in relation to your income. The debt-to-income ratio should not be more than 5 times annual gross income. In other words, if you earn 500,000, you shouldn’t have more debt than a maximum of 2,500,000.
My Debt
Contact us and we’ll run a credit check for you and give you a complete overview of who you owe what.
Refinancing of Debt
Here we often distinguish between secured and unsecured loans. Secured loans are when you can allow the bank to pledge property as security for the loan. This is a more affordable solution and you can also refinance debt with payment remarks in an Omstart loan.
Unsecured loans are the same as consumer loans. It often pays to collect small loans into a consumer loan. With this type of loan, you can have no objections,