debt bondage
Debt bondage is a form of forced labor where a person is required to work to pay off a debt. This situation often arises when individuals borrow money and, due to high interest rates or unfair terms, find themselves unable to repay the loan. As a result, they may be compelled to work for their creditor, sometimes for little or no pay, creating a cycle of debt that is difficult to escape.
This practice is considered a violation of human rights and is illegal in many countries. Organizations like the International Labour Organization work to combat debt bondage and raise awareness about its impact on vulnerable populations.