Article by Pei Lian Pau
The term 'Debt' itself provides a lot of frustration for many people. Debt is nothing but the amount due to be paid by an organization or an individual either to a financial institution or a bank. Debt can also be considered as a liability or a claim on the assets of an organization or an individual. According to experts, there are both bad and good debts for the debtors as well as the creditors. But,
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