Question

what is debt-trap?????​

Answer 1

Hello Mate,

A debt trap is a situation in which a borrower is led into a cycle of re-borrowing, or rolling over, their loan payments because they are unable to afford the scheduled payments on the principal of a loan. ....

Hope this helps you

Answer 2

Answer:

• Debt trap is situation in which a borrower is unable pay back the loan and he has to sell is any asset to repay back the borrowed money.