Economy, asked by sakshamnegi25, 11 months ago

How credit can be boon or bane for a person who take it ? explain it with relevant example.

Answers

Answered by nidhi005
9

Answer:

credit has both aspects. sometimes when credit succeeds to manage financial stability to borrower. it is a boon. But when credit itself traps into debt trap, leading to more burden on borrower, it may prove bane.

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