Tuesday, 16 March 2010

Loans and homes and automobiles

We just made a few enquiries at the bank and found out that to get a car loan or any kind of personal loan in Norway you have to be here for 4 years.  The only kind of loan that you can get is a home loan (mortgage), I guess they figure you can drive away in a car or sail away in a boat but your house will stay put.

When we were here last, getting close to 25 years ago it was no problem to get a loan for anything but having heard of people disappearing with the assets at that time I guess Norway decided to tighten up the banking laws.

The bank suggested that we use money from our country of origin, could be an option for us but I feel sorry for others who do not have that option. The brochure handout about life in Norway never mentioned this along side of "Living the Good Life"  that promise seems a little more remote now! It seems that you have to spend quite a long time looking at others "living the good life" first.

I found out about an English language newspaper : http://www.newsinenglish.no/ 
This may prove very handy as I have missed the start of the Norwegian lessons and I will remain only English speaking with a smattering of Norwegian to tide me over until the next semester.

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