Social Sciences, asked by incrediblepriyanka80, 6 months ago

how do the informal source of credit take undue advantage of the poor

Answers

Answered by SilivaDas

5

Answer:

They charge high interest on loans. As a result, the cost to the borrower of informal loans is also very high.

Previous Question

Next Question

Similar questions

English, 3 months ago

Plural forms of the following nouns life, student, hotel, fox, baby, knife, bench...

Biology, 3 months ago

Why is land considered an important resource?

English, 3 months ago

he discovery remarkable made a very frame frame correct sentence by reordering the words in the following...

English, 6 months ago

find k if kx +2y=6 and x=-1 and y =2x...

Computer Science, 6 months ago

What feacture of MS Access Se Sheena to view the records of students who have scored more than 70 pper cent marks in maths test from the Students information table?

English, 11 months ago

Once there was a family (a) _lost all its money! They had (b)_ Sell by house and all their fields, but the parent& (C) _not forget that day, once been sich and they did did not let their daughter forget that either (d)_ to this. They become heavily Indebted to many people. (a) ill...

Business Studies, 11 months ago

types of life insurance chapter business services...

English, 11 months ago

Edit the following passage please...