Personal Loan: What is a debt trap and how to avoid getting into one?

Personal Loan: What is a debt trap and how to avoid getting into one?

Financial constraints are a reality for many at some point in their lives. In challenging times, taking out a loan can provide temporary relief. However, this can sometimes lead to a more significant problem known as a debt trap. What is a debt trap? A debt trap occurs when you take on new debt to … Read more