Swedish women matching men for debt
The Swedish Enforcement Authority has revealed that Swedish women are now defaulting on SMS loans at the same rate as men, for the first time ever.
CBI and FME announce new Iceland foreign currency loan interest rules
The Financial Supervisory Authority and the Central Bank of Iceland have decided to issue guidelines to financial institutions due to non-binding clau...
Eimskip shipping company no longer sinking
Eimskip, the largest shipping company in Iceland, announced yesterday that its 57 unsecured creditors have agreed to swap their loans for equity, acco...
Credit card usage drops in Iceland
Credit and debit card use in Iceland has reduced considerably so far this year. Household credit card turnover rates dropped about 13.8 percent from J...
Central Bank of Iceland collateralised loans
PRESS RELEASE FROM THE CENTRAL BANK OF ICELAND: The Central Bank of Iceland provides financial undertakings with facilities in the form of collaterali...
Students in Norway cheating financial aid system
Evidence has come to light that some Norwegian university students are cheating the system. It would appear that the students are collecting student a...