Social Sciences, asked by vansh20030402, 11 months ago

When do we say that a borrower is in debt-trap?​

Answers

Answered by aryan9467
13

if the borrower take huge loans and unable to repay That loan then we say that borrower is in debt trap


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Answered by luckyjoshi615
5

WHEN HE FAILS TO PAY OFF A LOAN AMOUNT AND COULD NOT GET RID OF IT . AND SUCCESSIVELY BECOMES CONPLETELY TRAPPED DUE TO INCREASING AMOUNT OF INTEREST


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