Category Archives: Household Debt

Osborne worried by high levels of household debt – CITY A.M. (blog)

CITY A.M. (blog) Osborne worried by high levels of household debtCITY A.M. (blog)Speaking at the Treasury Select Committee chancellor George Osborne said that high household debt was one of the key issues in the build up to the financial crisis. He noted that there is a striking chart of private sector debt over last 20 […]

Boehner Declaring No Debt Crisis Revealed in Household Loans – Moneynews

Boehner Declaring No Debt Crisis Revealed in Household LoansMoneynews… savings bonds, fixed-income mutual-funds and municipal securities increased $500 billion last year, equaling the most since 2007, according to FTN Financial, based on Federal Reserve data, while net household debt increased $10 billion, the least …

Credit bubble imminent as Malaysia’s household debt rises – The Malaysian Insider

The Malaysian Insider Credit bubble imminent as Malaysia's household debt risesThe Malaysian InsiderZeti said the central bank was supervising the country's household debt.“Based on a summary indicator of credit bubbles comparing credit stock levels and credit growth, Coface estimates that emerging Asia is the region most at risk,” said a report by …

Changes in household debt patterns impact the collections industry – Reynolds Center

Mortgageorb Changes in household debt patterns impact the collections industryReynolds CenterThe U.S. Census Bureau is just out with a new report on household debt. As the headline of the bureau's press release notes, “Fewer U.S. households have debt, but those that do have more,” according to the comparison between 2000 and 2011 figures.Good news, bad […]

Credit bubble imminent as Malaysia’s household debt rises

KUALA LUMPUR, March 22 — Malaysia risks being mired in a credit bubble which is looming in Asia’s emerging economies, according to several new reports today. This comes even as Bank Negara Malaysia (BNM) is working intensely to keep the country’s household debt at a manageable level after its ratio to gross domestic product (GDP) […]

Good news, bad news on U.S. household debt – Albuquerque Business First

Wall Street Journal (blog) Good news, bad news on U.S. household debtAlbuquerque Business FirstBut the median household debt grew to $70,000 from $50,971. During those 11 years, households shed credit card debt. In 2011, 38 percent of households had credit card debt, down from 51 percent in 2000. Median household net worth decreased by …Median […]

Median Household Debts Rise as Percentage Owing Shrinks – Bloomberg

Wall Street Journal (blog) Median Household Debts Rise as Percentage Owing ShrinksBloombergEleven years later, the share had fallen to 69 percent in the wake of the worst economic downturn since the Great Depression, the first drop in median household debt in more than a decade. The Census Bureau report underscores the fragile nature of the […]

All this talk about household debt is a little galling – Ottawa Citizen

CTV News All this talk about household debt is a little gallingOttawa CitizenYes, prices have risen to historically high levels in Toronto and Vancouver, but there's no evidence of a generalized “housing bubble.” Household debt may be at record highs, relative to income, but it is not high relative to household assets — just …Despite […]

Bank Negara measures to ensure M’sian household debt remains manageable – The Star Online

The Star Online Bank Negara measures to ensure M'sian household debt remains manageableThe Star OnlineKUALA LUMPUR: The central bank has taken various measures to ensure that Malaysian household debt remained at a manageable level and most households are “credit worthy.” Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said the central bank had … […]

Bank Negara measures to ensure M'sian household debt remains manageable

KUALA LUMPUR: The central bank has taken various measures to ensure that Malaysian household debt remained at a manageable level and most households are “credit worthy.”