In the recent years, the use of credit cards has been increasing sharply, which shed light on the controversial matter of the consequences of its uses. The rapid changes in the technologies allowed the credit cards to surpassed the traditional money. In this essay, I will examine the full extent of the implications regarding this method of payment.
The use of credit card started as an innovative approach and after a few decades took over the financial world. This surprisingly increase was triggered by the efficiency of the system, where it is no longer necessary to carry money in the pockets. On top of that, credit cards opened the world to globalization, by allowing international payments regardless the currency. This is exemplified by the information provided by the world bank, which states that more than 95% of the international transactions are performed using credit cards instead of sending money. Ultimately, one of the biggest benefits of credit cards is its traceability.
On the other hand, there are some liabilities associated with credit cards that affect millions of people every day, with devastating outcomes. Firstly, the cards can have serious security issues where the privacy can be violated by individuals from any part of the world. Secondly, the most severe issue is the possibility to steal the identity of the credit card holder, and wire all the money into a non-trackable account. According to recent data, during 2017 more than 2 million of people in the USA were victims of cyber attacks, where skilful hackers stole all their money, leaving the cardholders hopeless in front an invisible fraudster.
In summary, it was argued the effects of the use of credit cards instead of the traditional method of payments reaching the conclusion that there are divergent arguments related to this approach from extremely positive to dramatically negative.
- Do you think formal written assessments in today's world to assess students’ performance is effective or not? Discuss your viewpoint on this and support your answer with examples. 77
- Company’s top level authorities should get their employees in decision making process. Discuss your viewpoint on this and support your answer with examples. 77
- In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon? 85
- Parents should be held legally responsible for their children’s acts. What is your opinion? Support it with personal examples 77
Transition Words or Phrases used:
first, firstly, if, regarding, second, secondly, so, in summary, on the other hand, on top of that
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 12.0 10.5418719212 114% => OK
Auxiliary verbs: 3.0 6.10837438424 49% => OK
Conjunction : 2.0 8.36945812808 24% => More conjunction wanted.
Relative clauses : 9.0 5.94088669951 151% => OK
Pronoun: 15.0 20.9802955665 71% => OK
Preposition: 51.0 31.9359605911 160% => OK
Nominalization: 3.0 5.75862068966 52% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1594.0 1207.87684729 132% => OK
No of words: 305.0 242.827586207 126% => OK
Chars per words: 5.2262295082 5.00649968141 104% => OK
Fourth root words length: 4.17902490978 3.92707691288 106% => OK
Word Length SD: 2.91355338635 2.71678728327 107% => OK
Unique words: 175.0 139.433497537 126% => OK
Unique words percentage: 0.573770491803 0.580463131201 99% => OK
syllable_count: 496.8 379.143842365 131% => OK
avg_syllables_per_word: 1.6 1.57093596059 102% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 5.0 1.56157635468 320% => Less articles wanted as sentence beginning.
Subordination: 0.0 1.71428571429 0% => More adverbial clause wanted.
Conjunction: 1.0 0.931034482759 107% => OK
Preposition: 9.0 3.65517241379 246% => Less preposition wanted as sentence beginnings.
Performance on sentences:
How many sentences: 13.0 12.6551724138 103% => OK
Sentence length: 23.0 20.5024630542 112% => OK
Sentence length SD: 46.9975449441 50.4703680194 93% => OK
Chars per sentence: 122.615384615 104.977214359 117% => OK
Words per sentence: 23.4615384615 20.9669160288 112% => OK
Discourse Markers: 7.53846153846 7.25397266985 104% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 7.0 6.9802955665 100% => OK
Sentences with negative sentiment : 5.0 2.75862068966 181% => OK
Sentences with neutral sentiment: 1.0 2.91625615764 34% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.175858914903 0.242375264174 73% => OK
Sentence topic coherence: 0.066497349877 0.0925447433944 72% => OK
Sentence topic coherence SD: 0.035378656534 0.071462118173 50% => Sentences are similar to each other.
Paragraph topic coherence: 0.114002425875 0.151781067708 75% => OK
Paragraph topic coherence SD: 0.0263445740093 0.0609392437508 43% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.
Essay readability:
automated_readability_index: 14.9 12.6369458128 118% => OK
flesch_reading_ease: 48.13 53.1260098522 91% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 12.3 10.9458128079 112% => OK
coleman_liau_index: 13.35 11.5310837438 116% => OK
dale_chall_readability_score: 9.8 8.32886699507 118% => OK
difficult_words: 97.0 55.0591133005 176% => OK
linsear_write_formula: 12.0 9.94827586207 121% => OK
gunning_fog: 11.2 10.3980295567 108% => OK
text_standard: 12.0 10.5123152709 114% => OK
What are above readability scores?
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Rates: 85.0 out of 100
Scores by essay e-grader: 76.5 Out of 90
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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.