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What is debt-trap Explein in brif?

Debt trap refers to a situation gives you a debt to take advantage of your situation.


What is debt trap?

Debt Trap is a situation where you add on a new debt in order to pay an existing debt. Generally, when the firm in overlevereged all the credit sources are exhausted, firm arrives at a situation of debt trap.


What is debt-trap?

Debt Trap is a situation where you add on a new debt in order to pay an existing debt. Generally, when the firm or an individual is over leveraged all the credit sources are exhausted, the firm or individual arrives at a situation of debt trap.


Is debt an adjective?

No. Debt is a noun. One adjective form is indebted.


What does third world debt?

Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.


What factors do affect a companys debt levels?

One of the factors that may affect a company's debt level is management. Another factor that may affect debt levels is whether the company is making profits or not.


How do the foreign aid politics affect the third world countries?

It keeps them buying weapons and incurring debt from the most generous of them.


How does the world get out of debt?

The world gets out of debt by paying their debts


Is a husband responsible for his wife's debt?

It really depends on the situation.


Does medical debt from years past affect my credit?

Medical debt does affect your overall credit score. However, when buying a house or car, most of the time medical debt is not factored into the equation.


How does national debt affect a society?

it can do as it pleasessfasf


How does Debt Free Direct help people get out of debt?

Debt Free Direct can help a person get out of debt by analyzing a person's current financial situation and advise them on how to go about resolving their debt. Debt Free Direct has experts ready to recommend how you can eliminate your debt.