Life events can affect your finances
If you experience problems with your finances, it is usually due to a number of factors. For example, if you live on the margin financially, you are more likely to be severely affected by life events such as unemployment, illness, addiction, divorce, and death. You may react by taking out new loans, withdrawing, or doing nothing. This can make your problems worse.
Take action and seek help
There are things you can do to influence your situation. Start by reviewing your financial situation and whether you can handle a major change in your life. If you are worried about your finances, it is important that you seek help.
Take action as soon as possible by seeking knowledge and asking for advice and support. This increases the chances that your financial problems will be short-lived.
Tell someone
You may experience feelings of anxiety, guilt, and shame. You may withdraw, isolate, and become passive in a situation where you need to act as soon as possible. If so, you are not alone. It is common for people with financial problems to avoid telling others that they are in debt.
If you tell someone else that you are in debt, you often feel relieved afterwards. Daring to tell can be crucial. It can give you the strength and motivation you need to do what is necessary to become debt-free.
First talk to the person you owe
It is a good idea to first talk to the person you owe. This reduces the risk of negative consequences such as a record of non-payment or increasing the cost of the loan more than necessary.
Describe your situation. Ask to pay later or get an instalment plan.
Read more about how to prepare for the conversation.
Talk to our customer service
We can provide tips and information you may find useful, such as My Pages and the debt forecasting tool Skuldprognosen – where you can see how your debts develop and when you can be debt-free.
Talk to someone close to you
You may have a friend, relative or someone else in your circle of acquaintances whom you trust and can talk to.You can lay out the call like this:
Talk to someone who is used to listening
It can also feel good to talk to someone who is used to seeing people with financial problems. For example, it could be a
- budget and debt adviser in the municipality
- priest or deacon in the Church of Sweden
- fellow human being in a non-profit organisation.
Related information
Hello Consumer:
Kommunal budget- och skuldrådgivning (in Swedish)
The Church of Sweden:
Jourhavande medmänniska (on-call support line):
Swedish Red Cross, Youth Federation:
Read more about other support on our website: