What is meant by the term: "Personal Debt-to-Income Ratio" (Household Debt)?

[herefishyfishy]

Here is a link to an excellent breakdown of a common term that is referred to in today's media & press releases, "Personal Debt-to-Income Ratio", which is very similar to another commonly used term: "Household Debt".

It is important to realize that although it is an impactful indicator often used in media reports, it is an imperfect measure.

http://www.td.com/document/PDF/econo...sonal_debt.pdf*
*Written by TD Bank Group, Senior Vice President & Chief Economist, Craig Alexander (January 18, 2012).