debt trap

Examples (10)

• Many developing countries fall into a debt trap.
• High-interest loans can lead to a severe debt trap.
• The government is trying to prevent citizens from falling into a debt trap.
• Microfinance aims to help people escape the debt trap.
• He found himself in a debt trap after losing his job.
• Predatory lenders often create debt traps for vulnerable individuals.
• International organizations warn against the dangers of a debt trap.
• Without financial literacy, one can easily enter a debt trap.
• The nation's economy is on the brink of a debt trap.
• Escaping a debt trap requires careful financial planning.