The phrase "indebted households" refers to families or households that owe money to others, typically due to loans, mortgages, or credit card debts. They have borrowed money, and now they have to repay it. Full definition
It concluded they are «expected to decrease the proportion of highly indebted households among new borrowers» particularly in high price growth regions. (business.financialpost.com)
The average indebted household carries approximately $ 16,000 on their cards. (valuepenguin.com)
Mortgage default may be rare in this country, but nearly 9 % of indebted households need 40 % or more of their gross income to pay their debt service charges, says the Bank of Canada Financial System Review. (mortgagecentresaskatoon.com)