Скачать или смотреть The Instant Loan Trap: How Quick Credit Is Keeping Indians Poor

How quick credit is keeping Indians poor, instant loans promise quick cash but often come with high interest rates and hidden fees, trapping borrowers in a cycle of debt. How easy access to credit is financially burdening many Indians, pushing them further into poverty. Learn the risks of quick loans, how to avoid debt traps, and smart financial alternatives for a secure future.

00:00 - Are Instant Loans Helping?
00:20 - The Rise of Instant Loan Apps in India
00:56 - How does Hidden Trap of Instant Loans work?
01:00 - Problem 1: High-Interest Rates & Hidden Charges
01:23 - Problem 2: Short Repayment Periods & Debt Traps
01:49 - Problem 3: Aggressive Recovery Tactics
02:13 - Problem 4: Negative Impact on Credit Score
02:41 - Problem 5: Who Falls Into the Loan Trap?
03:09 - How Instant Loans Are Widening India’s Wealth Gap
03:37 - How We Can Fix This Problem
04:58 - Breaking Free from the Loan Trap
05:29 - Take Control of Your Finances

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