Tag Archives: Indebtedness Switzerland

In 2017, 18.9% of Switzerland’s population lived in a household with outstanding debt repayments, a percentage that has rose from 17.7% over the proceeding 4 years.  © Kawee Srital On | Dreamstime.comThe most common forms of outstanding debts were taxes, health insurance premiums and phone bills. 9.9% of households had outstanding tax payments, 7.3% owed health insurance money and 5.2% had an outstanding telecommunications bill.  The most common reason for going into debt was to buy a...

The number of people with debts in default continues to rise in Switzerland. © Siriporn Kaenseeya | Dreamstime.comAt the end of July 2019, 561,000 people, 6.5% of the population, were unable to service their debts according to the price comparison website comparis.ch. The figures, based on data from the credit analysis company CRIF include those who have failed to make repayments and are being pursued by creditors or have declared bankruptcy. The highest rates were in the cantons...

© Siriporn Kaenseeya | Dreamstime.com The number of people with debts in default continues to rise in Switzerland. At the end of July 2019, 561,000 people, 6.5% of the population, were unable to service their debts according to the price comparison website comparis.ch. The figures, based on data from the credit analysis company CRIF include those who have failed to make repayments and are being pursued by creditors or have declared bankruptcy. The highest rates were...