The reason that most individuals are in debt is due to the overuse as well as irresponsible
use of credit cards. Banks should not issue credit cards unless they are complete sure of an
individual's ability to pay back their debits. To what extent do you agree with this?
In the modern era of financing, everyone wants to achieve their dreams without thinking about their financial and choose for credit cards from banks and they get into debt due to overuse. However, i strongly agree that banks ought to do background check and only issue credit cards to individuals who have the ability to pay back their debts. This essay stated my viewpoint with appropriate reasons.
Firstly, credit card fraud is quite common these days. Although banks investigate millions of dollars in cutting edge technology to keep clients safe, hackers and fraudsters always find new ways to loot. For instance, criminals and clone the bank cards cause significant financial loss sold data on the dark webs. Thus, card companies have to implement stringment measure on checking one's payment capability to make sure the consumer have sufficient monthly income and good credit score before issuing credit cards . Furthermore, people should be aware of consumer pitfall of credit cards to make usewell imformed decision regarding addresses, card and social sercurity numbers leaked.
Second, people's impulsive shopping habits in depth to shopaholic and impatient buyer. Because the convenience of swiping a credit card makes shopping easy, people have more temptation to spend their money on even unnecessary stuffs and sometimes more than their month income. For example, comsumers who want to buy luxury items without considering their prices so they borrow from banks to satisfy their wishes, leading to debt. Therefore, it is essential for banks to assess people’s buying behaviour to estimate the opportunity of being in debt.
To conclude, both banks and applicants should be wise before granting or proposing a credit card. In my view, I believe, that this issue can be solved by financial education of the society and mandatory backround check of a person who wants to get a credit card issued.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2024-08-01 | Giang Tran | 89 | view |
| 2020-02-27 | kimkbuni | 49 | view |
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Grammar and spelling errors:
Line 1, column 110, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...s without thinking about their financial and choose for credit cards from banks a...
^^
Line 1, column 199, Rule ID: EN_GB_SIMPLE_REPLACE
Message: i is a common American expression, in British English it is more common to use: I
Suggestion: I
... get into debt due to overuse. However, i strongly agree that banks ought to do b...
^
Line 2, column 384, Rule ID: ONES[1]
Message: Did you mean 'one's'?
Suggestion: one's
...mplement stringment measure on checking ones payment capability to make sure the co...
^^^^
Line 2, column 420, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ing ones payment capability to make sure the consumer have sufficient monthly inc...
^^
Line 2, column 515, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Don't put a space before the full stop
Suggestion: .
...credit score before issuing credit cards . Furthermore, people should be aware of ...
^^
Line 4, column 29, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...g in debt. To conclude, both banks and applicants should be wise before grantin...
^^
Line 4, column 85, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...uld be wise before granting or proposing a credit card. In my view, I believe, th...
^^
Line 4, column 113, Rule ID: EN_GB_SIMPLE_REPLACE
Message: I is a common American expression, in British English it is more common to use: I
Suggestion: I
...r proposing a credit card. In my view, I believe, that this issue can be solved ...
^
Transition Words or Phrases used:
first, firstly, furthermore, however, if, regarding, second, so, therefore, thus, well, for example, for instance, in my view
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 6.0 13.1623246493 46% => More to be verbs wanted.
Auxiliary verbs: 4.0 7.85571142285 51% => OK
Conjunction : 12.0 10.4138276553 115% => OK
Relative clauses : 5.0 7.30460921844 68% => More relative clauses wanted.
Pronoun: 19.0 24.0651302605 79% => OK
Preposition: 47.0 41.998997996 112% => OK
Nominalization: 7.0 8.3376753507 84% => OK
Performance on vocabulary words:
No of characters: 1608.0 1615.20841683 100% => OK
No of words: 305.0 315.596192385 97% => OK
Chars per words: 5.27213114754 5.12529762239 103% => OK
Fourth root words length: 4.17902490978 4.20363070211 99% => OK
Word Length SD: 2.56547395773 2.80592935109 91% => OK
Unique words: 196.0 176.041082164 111% => OK
Unique words percentage: 0.64262295082 0.561755894193 114% => OK
syllable_count: 485.1 506.74238477 96% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 5.43587174349 92% => OK
Article: 0.0 2.52805611222 0% => 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: 14.0 16.0721442886 87% => OK
Sentence length: 21.0 20.2975951904 103% => OK
Sentence length SD: 47.0936973122 49.4020404114 95% => OK
Chars per sentence: 114.857142857 106.682146367 108% => OK
Words per sentence: 21.7857142857 20.7667163134 105% => OK
Discourse Markers: 8.92857142857 7.06120827912 126% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 8.0 5.01903807615 159% => OK
Sentences with positive sentiment : 9.0 8.67935871743 104% => OK
Sentences with negative sentiment : 4.0 3.9879759519 100% => 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: 0.333945619505 0.244688304435 136% => OK
Sentence topic coherence: 0.111185535868 0.084324248473 132% => OK
Sentence topic coherence SD: 0.0827693560934 0.0667982634062 124% => OK
Paragraph topic coherence: 0.207037204519 0.151304729494 137% => OK
Paragraph topic coherence SD: 0.0702842974811 0.056905535591 124% => OK
Essay readability:
automated_readability_index: 14.3 13.0946893788 109% => OK
flesch_reading_ease: 50.16 50.2224549098 100% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 11.5 11.3001002004 102% => OK
coleman_liau_index: 13.29 12.4159519038 107% => OK
dale_chall_readability_score: 9.49 8.58950901804 110% => OK
difficult_words: 93.0 78.4519038076 119% => OK
linsear_write_formula: 11.0 9.78957915832 112% => OK
gunning_fog: 10.4 10.1190380762 103% => OK
text_standard: 11.0 10.7795591182 102% => OK
What are above readability scores?
---------------------
Rates: 89.8876404494 out of 100
Scores by essay e-grader: 8.0 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.