Social Sciences, asked by Starlight3647, 2 months ago

difference between Lone and Debt​

Answers

Answered by Loveleen68
2

Answer:

Basically, there is no major difference between loan and debt; both are liabilities that need to be paid off. Loan represents an amount borrowed by an individual to meet his/her requirements, where as Debt represents an accumulative amount a person can be borrowing from a lender.

Answered by eklavyakush17
1

Answer:

yes yes yes yes loan is what you ahve borrowed and debt is ur debt

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