Today credit cards are easy to get in many countries, but some people who use them struggle to repay their debt. Are there more advantages than disadvantages to using credit cards? What is the solution to this problem?
Credit Card are a flexible mode used for the payments by many people across the globe. People assume that having credit cards are a boon to them as it allows them to make payments even during the times they are running out of cash.They overlook the disadvantages in using the credit cards.Many people are suffering due to the overusage of credit cards in the places where it is not required.The advantages of the Credit cards are less when compared to the disadvantages of using them more.
Credit Cards change the people mind in using them when they are hot having cash in their hand. They are a means of borrowing cash from the bank as a debt and later repay it. They are one form of Loans which can be availed by the Customer in banks for which they will be issued an Interest Rate every month. Customer using Credit Cards have to make the payment of the amount they spent using the credit cards last month for purchasing goods and products of any type. Banks will issues various types of credit cards like Visa, Master cards, etc., to their customer and will also provide them with a Credit Limit. Credit Limit is nothing but the limit till which people can borrow money from the bank for a month.Statistics shows that almost 75% of people across the world use Credit Cards and in that 75%, there are almost 50% people who are suffering by not able to pay those debt on time. A person goes to a Electronic Shop to buy a TV of a particular model, after going to the place he tends to see many more TV's which are good and costlier than the one he selected first and he ants to buy the big one. First he heck the cash in hand and if it is not sufficient he uses the Credit card to make the payment as a debt and will decide to repay the same to the bank next month.
One should overcome the usage of credit cards unless and until it is required on emergency basis. The major solution to this problem is that people themselves need to have a self-control behaviour in limiting their needs. There is a famous saying in tamil language which means even good things has to be done within the limit, if it crosses the limit it becomes bad. Similar to tay saying, People need to reduce the usage of credit cards and should get the habit of using them only whenever required without any other solution to make the payment at that point of time. People needs to understand that using credit cards will make he/she a debt person. Statistics shows that people who dont use Credit Cards are the people who know who to limit their needs and in the say way to be happy.
To Concluse the problem of using Credit Cards on wider range, Government has to take the necessary actions to make the banks bring a lesser Credit limit whihc will in place make the people also to not use more money to buy things using Credit cards. Less usage of CRedit card will make te person a lesser debt person.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-06-07 | sowmiyapurple | 74 | view |
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Grammar and spelling errors:
Line 1, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
Credit Card are a flexible mode used for...
^^^^
Line 1, column 17, Rule ID: HE_VERB_AGR[8]
Message: The proper name in singular (Card) must be used with a third-person verb: 'is'.
Suggestion: is
Credit Card are a flexible mode used for the payments b...
^^^
Line 1, column 236, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: They
... the times they are running out of cash.They overlook the disadvantages in using the...
^^^^
Line 1, column 294, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: Many
...disadvantages in using the credit cards.Many people are suffering due to the overusa...
^^^^
Line 1, column 396, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: The
... in the places where it is not required.The advantages of the Credit cards are less...
^^^
Line 4, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... disadvantages of using them more. Credit Cards change the people mind in u...
^^^^
Line 4, column 482, Rule ID: DID_BASEFORM[1]
Message: The verb 'will' requires the base form of the verb: 'issue'
Suggestion: issue
...ds and products of any type. Banks will issues various types of credit cards like Visa...
^^^^^^
Line 4, column 715, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: Statistics
... borrow money from the bank for a month.Statistics shows that almost 75% of people across ...
^^^^^^^^^^
Line 4, column 874, Rule ID: THIS_NNS[2]
Message: Did you mean 'this debt' or 'those debts'?
Suggestion: this debt; those debts
...le who are suffering by not able to pay those debt on time. A person goes to a Electronic ...
^^^^^^^^^^
Line 4, column 911, Rule ID: EN_A_VS_AN
Message: Use 'an' instead of 'a' if the following word starts with a vowel sound, e.g. 'an article', 'an hour'
Suggestion: an
...ay those debt on time. A person goes to a Electronic Shop to buy a TV of a partic...
^
Line 6, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...pay the same to the bank next month. One should overcome the usage of credit ...
^^^
Line 6, column 690, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: don't
...erson. Statistics shows that people who dont use Credit Cards are the people who kno...
^^^^
Line 8, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...eeds and in the say way to be happy. To Concluse the problem of using Credit ...
^^^
Transition Words or Phrases used:
also, but, first, if, look, so, as to
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 22.0 13.1623246493 167% => OK
Auxiliary verbs: 13.0 7.85571142285 165% => OK
Conjunction : 12.0 10.4138276553 115% => OK
Relative clauses : 19.0 7.30460921844 260% => Less relative clauses wanted (maybe 'which' is over used).
Pronoun: 41.0 24.0651302605 170% => Less pronouns wanted
Preposition: 76.0 41.998997996 181% => OK
Nominalization: 6.0 8.3376753507 72% => OK
Performance on vocabulary words:
No of characters: 2350.0 1615.20841683 145% => OK
No of words: 537.0 315.596192385 170% => Less content wanted.
Chars per words: 4.37616387337 5.12529762239 85% => OK
Fourth root words length: 4.81386128306 4.20363070211 115% => OK
Word Length SD: 2.13256321732 2.80592935109 76% => OK
Unique words: 223.0 176.041082164 127% => OK
Unique words percentage: 0.415270018622 0.561755894193 74% => More unique words wanted or less content wanted.
syllable_count: 734.4 506.74238477 145% => OK
avg_syllables_per_word: 1.4 1.60771543086 87% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 5.43587174349 55% => OK
Article: 3.0 2.52805611222 119% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 18.0 16.0721442886 112% => OK
Sentence length: 29.0 20.2975951904 143% => The Avg. Sentence Length is relatively long.
Sentence length SD: 82.8587411662 49.4020404114 168% => OK
Chars per sentence: 130.555555556 106.682146367 122% => OK
Words per sentence: 29.8333333333 20.7667163134 144% => OK
Discourse Markers: 2.05555555556 7.06120827912 29% => More transition words/phrases wanted.
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 13.0 5.01903807615 259% => Less language errors wanted.
Sentences with positive sentiment : 11.0 8.67935871743 127% => OK
Sentences with negative sentiment : 6.0 3.9879759519 150% => OK
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.471189042085 0.244688304435 193% => OK
Sentence topic coherence: 0.182110729446 0.084324248473 216% => Sentence topic similarity is high.
Sentence topic coherence SD: 0.10657798542 0.0667982634062 160% => OK
Paragraph topic coherence: 0.339692173677 0.151304729494 225% => OK
Paragraph topic coherence SD: 0.0531685808959 0.056905535591 93% => OK
Essay readability:
automated_readability_index: 14.1 13.0946893788 108% => OK
flesch_reading_ease: 58.96 50.2224549098 117% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 12.2 11.3001002004 108% => OK
coleman_liau_index: 8.72 12.4159519038 70% => OK
dale_chall_readability_score: 7.22 8.58950901804 84% => OK
difficult_words: 73.0 78.4519038076 93% => OK
linsear_write_formula: 18.0 9.78957915832 184% => OK
gunning_fog: 13.6 10.1190380762 134% => OK
text_standard: 14.0 10.7795591182 130% => OK
What are above readability scores?
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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.