Financial obligation Trap First, you have the loan principal: the money that the individual has lent.

Financial obligation Trap First, you have the loan principal: the money that the individual has lent. What exactly is a Debt Trap? Financial obligation traps are circumstances by which it’s impossible or difficult for a debtor to pay back once again money they’ve lent. These traps usually are due to high interest levels and quick …

Financial obligation Trap First, you have the loan principal: the money that the individual has lent. Read More »