The report aims to help community groups, small businesses, state and local governments and the public to better understand, monitor and respond to trends in borrowing and
indebtedness at the household level.
Not exact matches
At some point, increases in the debt - servicing ratio should eventually begin to constrain
households» ability to increase their
indebtedness.
The burden of interest repayments on
household budgets remains
at moderate levels despite the increase in
household indebtedness.
The
household debt numbers are rising across the United States and Canada, and Canadians are leading in
indebtedness with a debt - to - income ratio
at a record 1.71 % — so for every dollar of
household income there is $ 1.71 in credit debt.
Section 1 presents the basic economic outcomes of student debtor
households and looks
at total
indebtedness in the context of
household income and assets.
The Survey of Consumer Finances shows that younger
households were reducing their overall
indebtedness at a faster clip than older
households between 2007 and 2010 (Fry, 2013).
The guidelines, known as B20, are aimed
at curbing risky lending amid rising
household indebtedness and high home prices in some markets.