Debt Trap | search
Click here to view Debt Trap news from 60+ newspapers.
Bookmark or Share- Sri Lanka's rural women caught in debt trap with no end in sight'It is a debt trap' A Microfinance and Credit Regulatory Authority bill was proposed by the government to regulate the moneylending and microfinance industry. It will repeal a former Microfinance Act.
- CFPB Finalizes Rule To Stop Payday Debt TrapsWASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today finalized a rule that is aimed at stopping payday debt traps by requiring lenders to determine upfront whether people can afford to repay their loans.
- China’s global lending lures countries into a debt trapChina’s global lending lures countries into a debt trap. People gather to buy charcoal at a busy market in Lusaka, Zambia, July, 5, 2021. In June 2023, Zambia has reached a deal with China and ...
- What is Debt Trap and How To Get Out Of It? | Fi MoneyWhat is a Debt Trap? A debt trap is a financial situation in which you are unable to repay your existing debts and loans. This eventually pushes you to borrow more money to repay your current liabilities, thereby bringing on additional debts.
- How To Avoid A Debt Trap? - ForbesA debt trap is a situation where a borrower is forced to take on new loans simply to repay existing ones. In essence, a debt trap occurs when debt obligations surpass one’s loan repayment...
More
