Economy, asked by lucy6187, 8 months ago

Mention few sources of credit​

Answers

Answered by lavanyawankhede
15

Answer:

The two sources of credit are: Formal Credit: 1.

...

Informal Credit:

It includes moneylenders, traders, relatives, employers, friends etc.

No organization controls the informal sources.

The interest rate is decided as per the lender's interest and there is no check on the unfair means used to get the money back.

Explanation:

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