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government investigation

Minister wants to tackle Swedes' debt

Published måndag 16 april 2012 kl 17.06
Consumer Affairs Minister Birgitta Ohlsson. File photo: Claudio Bresciani/Scanpix

Consumer Affairs Minister Birgitta Ohlsson has ordered an investigation into the debts of Swedish households and wants to find out how it affects children's health. More than 400,000 Swedes in a population of just above 9 million are heavily in debt.

More than 10 percent of this group have had persistent or recurrent debt problems for more than 18 years.

The Minister has now ordered an investigation into the matter. Its findings are expected in the autumn of 2013.

Ohlsson tells the news agency TT that she wants to look at how to regulate access to easy loans and make credit checks stricter.

She also wants to provide more education into how to manage personal finances.

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