A Oneindia Venture

7 Ways To Know That You Are Falling Into A Debt Trap

Debt can be in any form such as mortgages, credit cards bill, personal loan, etc. In earlier days, the loan was given to those who were eligible to pay the same within the stipulated period. These days loans are sanctioned within minutes without much understanding the repaying capacity of the borrower.

Many individuals will not realize the issue until they are trapped by debt and when it gets too difficult.

Here are some warning signs that you are falling into debt trap.

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