Economy, asked by Anonymous, 7 months ago

"Credit pushes the borrower into a situation from which recovery is very painful".Explain this situation.

Answers

Answered by SadGirl1922

debt-trap

Ans. A debt-trap is a situation when credit pushes the borrower into a situation from which recovery is very painful. 1. Credit can push the borrower into a situation from which recovery is very painful.

#Rohit❤️:-)

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"Credit pushes the borrower into a situation from which recovery is very painful".Explain this situation.​

Answers

"Credit pushes the borrower into a situation from which recovery is very painful".Explain this situation.