Do you have a loan or credit card in Norway? Do this review before applying for another one

At the end of May 2026, the value of unsecured consumer debt in Norway had already reached NOK 175.4 billion. However, for an individual borrower, a simpler question is more important: how much do my loans and credit cards really cost me each month?

With several loans, credit cards, or shopping limits, it's easy to lose track of your full financial picture. One installment may seem small, but the sum of repayments, interest, and fees can put a real strain on your budget.

With GjeldsMonitor, you can log in using BankID and see your loans and cards in one place. The tool helps you identify which obligations cost the most and where to start organizing your finances.

This is also important because data from the Norwegian debt register can be used by banks and credit information agencies when assessing your application.

Check your loans and cards in GjeldsMonitor

If you are repaying several loans or credit cards, it's worth checking the possibility of refinancing. This means replacing your current obligations with one new loan. It can simplify repayment, reduce the number of due dates, and—depending on the bank's offer—lower your interest rate or monthly installment.

However, you shouldn't look only at the installment amount. A longer repayment period may lower your monthly burden but increase the total amount to be paid. When comparing offers, make sure to check:

• effective interest rate,

• total cost and amount to be repaid,

• contract duration,

• additional fees.

The effective interest rate includes not only interest but also commissions and fees related to the loan.

Check refinancing options

If after checking your obligations you still need extra financing, you can submit an application handled by Digi Finans. Filling out the form does not oblige you to accept an offer—you decide only after receiving bank proposals. The final amount, interest rate, and terms depend on the bank's individual assessment.

Submit a non-binding application

Price example: Eff. rate 15.82%, NOK 100,000 over 5 years, establishment fee NOK 950, Total NOK 142,730.

Submitting an application does not guarantee you will receive a loan.

In such cases, sending more standard applications is not always a good idea. First, it's worth checking which obligations are active, whether there is a betalingsanmerkning (payment remark), and what actions you can take.

A negative entry can make it harder to get a new loan, leasing, or other financial services. The possible solution depends on the amount of debt, income, case status, and whether you own property.

Check possible solutions for debt collection

Financial order is not just about loans. Your tax card determines how much tax your employer withholds from your salary. If it contains outdated information, tax may be withheld too high or too low, affecting your monthly budget and possibly resulting in an additional payment.

It's also worth checking your skattemelding (tax return). The document contains information about income, deductions, assets, and debts. Incorrect or missing data can be corrected.

A correct tax card and tax return do not guarantee you will get a loan, but they help you avoid unexpected payments and keep your financial documents in order.

Check your tax card

Check the possibility of tax correction

The most reasonable order is simple: first, see all your loans and cards, then consider refinancing, and only then think about additional financing. If you have debt collection, an incorrect tax card, or errors in your documents, sort those out first.

This way, your next financial decision will be based on real data, not just the amount of a single installment.