The increased availability of consumer credit in some countries has contributed to the problem of debt. Who is responsible for high level of indebtedness; the financial institution that lend money or the individuals who borrow money?
With around eight billion people in the world, there is huge demand for money to cope with necessities of society. Thus, so many people have a tendency towards the credit which is borrowed by the banks on low interest and this can lead to over-indebtedness. it seems to me that problem of debt may be caused by financial institution what is lending recklessly, but borrowers also can be partly guilty in this phenomenon. Analysis of this problem will show this.
In some circumstances, lending large sum of money of financial organizations to citizens by poor credit arrangement may create over indebtedness. For example, many organizations are intended to make profit from their money by lending money as much as more people. By doing this, they can keep profit, but there will be so many debtors because of available consumer credit. For this reason that financial institutions sometimes did not count for consumer’s financial position and unfortunate preconceptions, they can be gone bankrupt by low level of interest and long term loan.
However, there are second responsible, who get available credit by taking a risk, were consumers. In fact, more people who have financial constraint borrow money from the banks by putting down their house or precious possession on deposit in order to set up their business. if start up business went bust, then they may be make lose because of their risk-taker behavior. In most cases, furthermore, more consumers get the credit which is reasonable in order to use them as a outside capital to put into business when it were going under.
To sum up, there will be less debtors whose even house can be on the line, if financial institution increased the rate of interest on consumer credits. it will be better if borrower get the credit with carefully by weighting up both sides such as bankrupt and prosperity. In my point of view, both financial institution and consumer think thoroughly before lending or borrowing.
Grammar and spelling errors:
Line 1, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
With around eight billion people in the ...
^^^
Line 1, column 262, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: It
...and this can lead to over-indebtedness. it seems to me that problem of debt may be...
^^
Line 2, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...alysis of this problem will show this. In some circumstances, lending large sum...
^^^
Line 2, column 337, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...rofit, but there will be so many debtors because of available consumer credit. F...
^^
Line 2, column 349, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...here will be so many debtors because of available consumer credit. For this reas...
^^
Line 3, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... level of interest and long term loan. However, there are second responsible, w...
^^^
Line 3, column 277, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: If
...osit in order to set up their business. if start up business went bust, then they ...
^^
Line 3, column 476, 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
...h is reasonable in order to use them as a outside capital to put into business wh...
^
Line 4, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...nto business when it were going under. To sum up, there will be less debtors wh...
^^
Line 4, column 28, Rule ID: FEWER_LESS[2]
Message: Did you mean 'fewer'? The noun debtors is countable.
Suggestion: fewer
...oing under. To sum up, there will be less debtors whose even house can be on the ...
^^^^
Line 4, column 154, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: It
...e rate of interest on consumer credits. it will be better if borrower get the cred...
^^
Transition Words or Phrases used:
also, but, furthermore, however, if, may, second, so, then, thus, for example, in fact, such as, in most cases, to sum up
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 16.0 13.1623246493 122% => OK
Auxiliary verbs: 12.0 7.85571142285 153% => OK
Conjunction : 9.0 10.4138276553 86% => OK
Relative clauses : 8.0 7.30460921844 110% => OK
Pronoun: 21.0 24.0651302605 87% => OK
Preposition: 57.0 41.998997996 136% => OK
Nominalization: 5.0 8.3376753507 60% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1643.0 1615.20841683 102% => OK
No of words: 327.0 315.596192385 104% => OK
Chars per words: 5.0244648318 5.12529762239 98% => OK
Fourth root words length: 4.25242769721 4.20363070211 101% => OK
Word Length SD: 2.91573816588 2.80592935109 104% => OK
Unique words: 180.0 176.041082164 102% => OK
Unique words percentage: 0.550458715596 0.561755894193 98% => OK
syllable_count: 514.8 506.74238477 102% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 5.43587174349 74% => OK
Article: 0.0 2.52805611222 0% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 2.0 0.809619238477 247% => Less conjunction wanted as sentence beginning.
Preposition: 7.0 4.76152304609 147% => OK
Performance on sentences:
How many sentences: 15.0 16.0721442886 93% => OK
Sentence length: 21.0 20.2975951904 103% => OK
Sentence length SD: 39.3809880808 49.4020404114 80% => OK
Chars per sentence: 109.533333333 106.682146367 103% => OK
Words per sentence: 21.8 20.7667163134 105% => OK
Discourse Markers: 8.06666666667 7.06120827912 114% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 11.0 5.01903807615 219% => Less language errors wanted.
Sentences with positive sentiment : 10.0 8.67935871743 115% => 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: 0.314286769981 0.244688304435 128% => OK
Sentence topic coherence: 0.101054001198 0.084324248473 120% => OK
Sentence topic coherence SD: 0.053787643549 0.0667982634062 81% => OK
Paragraph topic coherence: 0.181256379075 0.151304729494 120% => OK
Paragraph topic coherence SD: 0.0562151730791 0.056905535591 99% => OK
Essay readability:
automated_readability_index: 13.1 13.0946893788 100% => 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: 11.84 12.4159519038 95% => OK
dale_chall_readability_score: 7.67 8.58950901804 89% => OK
difficult_words: 62.0 78.4519038076 79% => More difficult words wanted.
linsear_write_formula: 12.0 9.78957915832 123% => OK
gunning_fog: 10.4 10.1190380762 103% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?
---------------------
Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
---------------------
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.