So can norwegians save 4,25 billion in interest expense

We are experiencing the biggest crisis the country has been in since the war. The economic consequences will be enormous. Experts predict that what we take decades before we are back on the budget levels we had only three weeks ago.

Our elected officials stand united and do everything they can to mitigate the harm. We stand united and do what we can. We stay at home. We help each other. We act for those who are in quarantine. Never has the word must have had greater significance. Everyone takes its part of the dugnaden.

Now threatened rettstaten Debate

All except group . Banks. Not only traditional banks but also the ones that offer personal loans with sky high interest rates and those that offer credit cards with up to 25 per cent interest. There are over 500 000 norwegians with such credit card and there are over 175 000 norwegians who have large personal loans with least three times as high a rate as boligrenten. The total for all these lenders is that they do not wish to participate in any joint effort.

this is Due to the fact that they themselves are struggling? Will banks go bankrupt?

Nordea’s income of around 110 billion and a profit of approximately 44 billion. DNB has 55 billion in revenue and 25 billion in profit. DNB has assets of over 2 000 billion. Bank Norwegian as is some of the most aggressive on the credit card shall provide a half a billion dollar in dividends to its shareholders in the year after a record result in the year of 2.6 billion.

Diary of isolasjonens time Debate

Banks in the Uk is rock-solid. They have earned very good money on you and me for many years. The previous crisis we had in the Uk was the financial crisis. A crisis just created by the banks. It was once the banks depending on the us, the state, in order to survive. Now, it is we who are dependent on banks in order to survive. For many of us is all the income gone over night.

I have a small management company that has 17 profiles/artists where all orders and bookings until the summer was cancelled for five hours on Thursday 12 march. We are a small company that probably will survive, but not sure. But several of those we work for have now do not have the money until easter. These are people who have a loan on the car, housing and consumption. For many, it had helped with the reduced interest rate on their credit card or consumer loans. It is the easiest way to liquidity for many.

To those of you who drank utepils Debate

The elected officials have done much to improve the situation. Norges bank has lowered the interest rate to 0.25 per cent from 2.0 per cent. This is to make it easier just for those who now have lost all the income over night.

the Parliament, the government and Norges Bank have heard our nødrop. They want to help. But the banks will not help. We, Us, had to rescue the banks 10 years ago, but it to save us when we need help in a few weeks they will not be on.

Banks themselves think they give us a lot of help by providing interest-only period in a few months. Interest-only period may help some, but for banks, as there is a means that enriches the self. When you do not pay the installments in a period so you must pay interest on a higher amount. Interest accruing to the banks. Banks provides you with assistance that helps them.

My father taught me that it is much better to start a bank than to rob than a bank. The profits will be far greater to drive than to rob. There is much in this. DnB that has just pushed clients since through a long legal where they lost to have tricked their customers should, perhaps, thought that the reputation of their could with advantage use a little repair? Perhaps the country’s largest bank should have thought that we have earned billions of our Norwegian customers in tens of years, now they need us. More than ever before. the

This is my agenda Debate

It is not now we should be stingy. It is now we should be on the dugnaden and listen to the government, the Parliament and the people. We are to help our customers out of this crisis as our customers helped us. We are not going to capitalize by exposing the rentenedsettelse to 01 may.

It is often in crises the same identity come to the fore. The banks, which put down the interest rate less than Norges Bank, and who choose to wait to put down the interest rate for may, showing his true face. I will switch bank if my bank does not listen to the people and join in on dugnaden. I encourage others with bank loans to do the same.

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