Question

How credit play a negative role in our life

Answer 1

Let's consider an example
If a farmer taken a credit for farming and by chance face a problem. As crop production involves high cost of fertiliser, pesticide etc. They generally take loan at beginning of season and repay it harvesting time. But the failure of crop makes loan repayment impossible. He had to pay by sell part of his land which worsens their condition. Here it play negative role