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More debt problems among over-30s

The number of Finnish residents who have received payment default notices increased by thousands last year.

Nainen selaa laskuja
On the bright side, late payment notices sent to younger adults have continued to steadily decrease since 2012, according to Asiakastieto. Image: Jouni Koutonen / Yle

Last year around 380,000 consumers in Finland were handed late-payment notices, which is an increase of more than 4,000 compared to the previous year, according to data from credit scoring firm Asiakastieto Group..

The number of default notices increased in particular for those over the age of 30 as well as people over retirement age. Overall, the firm said, the numbers of default notices issued to consumers have been steadily rising for the past decade by total of around 70,000.

More than 15 percent of men aged 25-44 have received default notices, and were also the most likely among all groups to have received them.

Payment default notices were most commonly issued in the southern region of Päijät-Häme - home to the city of Lahti - with more than nine percent of residents in the region having received them last year.

On the other hand, however, late payment notices sent to younger adults have continued to steadily decrease since 2012, according to Asiakastieto.

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