Household Debt Service Levels Are at Historically Low Levels

That would have been a useful piece of information to include in a Washington Post article on couples taking on debt to pay for the costs of their weddings. The piece told readers:

"Demand among Americans, who are already holding record levels of debt, for help financing weddings are giving rise to an industry of personal loans marketed specifically to brides and grooms."

While debt is at record levels, so is income levels and asset levels. It is pretty meaningless to tell readers that debt i...