<h1>Household indebtedness crisis: consumption is being sustained by unsustainable credit growth amid stagnant real wages and weak investment.</h1> Congress asserts a household indebtedness crisis caused by stagnating real wages and an unsustainable shift to credit led consumption, citing rapid growth in consumer and small ticket personal loans-predominantly from non banking financial companies-and a decline in household financial savings, which together undermine private investment and domestic financing for productive investment.