Why are VPNs what people flock to when they think they want privacy? Moreover they kinda break the internet so it's not a scalable solution. It's cool to see a good one selling a privacy message and doing it at level 11, but it seems kinda disingenuous to me to tell users that they're more private because they use a VPN. Private from your current ISP, sure, but not from Mullvad (they're your new ISP, you're just moving the problem of who to trust, not
acquiring privacy) and especially not so much from the service level tracking and collection of data which is arguably the real problem short of being targeted by nation-states.
Also it seems all I need to do as an "attacker" is subpoena (or whatever the Swedish equivalent is) Mullvad while your payment record is on file and I get the info I want. If Mullvad really wanted to go hardcore why not only sell little top up cards cash-only at kiosks?
Now, choosing where you want your traffic to geographically egress onto the public network does have marginal utility and it's a perfectly sane feature for VPN providers to market and consumers to pay for--VPNs aren't useless. It's just not privacy.
EDIT: add bit about how Mullvad is your new ISP to clarify the point