Social Sciences, asked by samyukta11, 1 year ago

how people get trapped with money lenders

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Answered by Anonymous
0
According to the information, when the person lending the loan, the person is either taken on stamps or kept the person's land or property papers. The rate of interest on this loan is according to Manmarija. Loans are given at the rate of 10, 15 and 20 percent on this loan. That is, the moneylenders take 10, 15 and 20 thousand rupees for one month at one lakh rupees.


hope it help u
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