Question

please in 150 words speech of advantage and disadvange of loan system​

Answer 1

any of us take lown for their uses

advantages of taking loan-:

1. people do many financial works 2.peple need some support for doing this

works 3. we have an advantage of taking loan 4.we can take the loan for a particular work at a particular rate of interest and use it

disadvantages

people who are not able to take loans as they are not educated 2. some people take loans at a high rate of interest and they are not able to pay the due

3.so their are advantages and disadvantages of taking loan