Question

What is debt-trap? Explain.....​

Answer 1

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A situation in which a debt is difficult or impossible to repay, typically because high interest payments prevent repayment of the principal.

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Answer 2

Answer:

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

Explanation:

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