IN HOUSEHOLD DEBT DUE LINE OF CREDIT SERVICE PROVIDED FROM THE BANK Household debt holding is on the rise in terms of numbers of households that have outstanding liabilities, of numbers of credit instrument available and used, in terms of total debt owed (both in levels, and relative to income). While the bulk of credit to household is extended in the form of mortgages, unsecured credit has been some of the most spectacular growth rates. The demand for credit, however defined, is ultimately…
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