Question

$\huge\mathtt\purple{QUESTION}$
Write the definition of debt trap,coleteral and loan.

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Answer 1

Answer:

Question:

Write the definition of debt trap,coleteral and loan.

Answer :

A debt trap means that one owes a huge amount of money to various institutions or people, which feels neverending. Sometimes loans are taken to gain financial advantage, which is a wise decision. ... If you are in a debt trap, it would be a dream to be financially free.

Explanation:

hope it helps you.

Army

Answer 2

❥︎ANSWER

A debt trap means that one owes a huge amount of money to various institutions or people, which feels neverending. Sometimes loans are taken to gain financial advantage, which is a wise decision. ... If you are in a debt trap, it would be a dream to be financially free.

❥︎THANKS

I hope it will help you.