Forbrukslån (Consumer Loan) – Basics, Advantages & Disadvantages
In a consumption-based economy, people need a high purchasing power to access consumption. However, not everyone has the wherewithal to satisfy their immediate needs. This is why forbrukslån is now a thing. What is Forbrukslån? Forbrukslån is a Norwegian word that implies consumer financing. It is a type of lending that allows consumers to purchase