why do money lenders have the largest share (money and credit class 10)
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Money lenders will always focus on your availability of paying back the loan at a specified interests accumulated.The amount of loan given to a loanee will be paid back with an interest rate which usually accumulate to more profitability.
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The Money lenders in India are the biggest source of money as in the rural areas of India; the people are unaware about the bank loan.
They did not even know about various Government schemes.
Due to this reason, they are compelled to take money from the money lenders at high interest rate.
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