Debt Bondage

Bonded labor, also known as debt bondage or debt slavery, is a form of labor in which a person is forced to work to pay off a debt. This practice is illegal in many countries, including the United States, as it is considered a form of modern-day slavery. Bonded labor often occurs in developing countries, where it is used as a means of securing cheap labor. In some cases, people may be tricked or coerced into accepting a loan, only to find out later that the terms of the loan are impossible to fulfill and that they are effectively trapped in a cycle of debt. This practice can have devastating effects on individuals and their families, as they are often forced to work long hours under dangerous or exploitative conditions in order to pay off their debt.