Political Science, asked by Chiggu, 16 days ago

Why do people prefer to take loan from informal sources of credit rather than formal sources of credit?​

Answers

Answered by chetanashukla31
0

Answer:

sorry but i don't know

Answered by abhisumatSinghnegi
1

Answer:

they would prefer to take loan from informal social credits Cuz if they take it from fromal they would Stuck in loan for ever and the next generation also have to pay it.

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