According to Statistics Finland about 60 percent of Finnish households have debt. Around 1/3 of households have mortgage loan and half of households have consumer or other loans.

In 2005 total amount of loan was around 47000 euros per household, increasing average of 11 % per year between 2002-2005.

Gearing is now over 100 %, which is greater than before last recession. According to economist of Bank of Finland, internationally compared gearing isn’t terrifying - f.ex. gearing of Danes households is nearing 300 %.

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