Economy, asked by ripudaman2845, 8 months ago

How does credit lead to death trap

Answers

Answered by aadishree7667
5

Credit could lead you too the debt * trap ....

when borrower is unable to make payments on basis of loan principles.

the borrower violates the terms of credit and has initial very much loan.

when their collateral is at high risk.

pending initial credits and loans

the most debt cases when buyer seem to have loss , of money then which to when he or she buy a loan from bank.

unable to afford schedule payments on basis of norms and principles of interst...

hope it helps you....

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