Mullvad certifiably doesn't log. Their VPN infrastructure even transitioned to RAM-only a few months back. They've been raided by the police and nothing was confiscated because there was nothing to confiscate. Obviously they have a list of registered accounts and payments, but without any connection to - well, connections.
I get what you mean though and mostly agree: There are only a few providers I trust enough to shift said trust from the ISP to them.
As mentioned in the comment you replied to: Yes, trusting a third party is a compromise. But you are also trusting a third party when renting a server for a private VPN endpoint, as well. A third party provider with probably a lot more logging going on than a trusted service such as Mullvad. While being way more exposed.
Since TOR isn't feasible for most users 24/7, trusted commercial VPNs are the next best thing when the alternative is your ISP logging everything you do.