Nowadays it is easy to apply for and get a credit card. However, some people experience problems when they are not be able to pay their debts back. In your opinion, do the advantages of credit cards outweigh the disadvantages?
Nowadays anyone with a decent credit score can get a credit card. Credit cards increase the purchasing power of people and improve their living standards. Unfortunately, if the cards are not used with care, they will land the holder in serious debts. In my opinion, credit cards have both advantages and disadvantages.
To begin with, People can benefit from their credit card in several ways. It gives them immediate access to credit. It helps in emergency situations or when they want to buy something expensive. Some credit card companies also offer zero percent interest rates on home appliances. For instance, Using this option middle and lower income families can buy washing machines or refrigerators on easy monthly installments. Thus, credit cards improve their lifestyle. Moreover, Credit cards also eliminate the need to carry cash in one’s wallet.
On the flip side, credit cards can push people into serious debts traps. They have destroyed many lives and careers. These Cards make people compulsive shoppers. They encourage people to buy all the products in the market even though they do not need them. This temptation to overspend has disastrous consequences. Credit cards are good if you can pay off the entire balance when it is due. Credit card loans have much higher interest rates than other loans. If you pay the minimum balance you will end up paying a lot of interest. Furthermore, credit card transactions also carry increased risk of fraud. Someone who knows your card number and other credentials can easily buy stuff using your card without your knowledge or permission.
To conclude, although credit cards are definitely a beneficial invention which makes the life easier for people but we need to use them wisely to get their benefits.
Grammar and spelling errors:
Line 3, column 351, Rule ID: BUY_VBG[1]
Message: Did you mean 'by'?
Suggestion: by
...on middle and lower income families can buy washing machines or refrigerators on ea...
^^^
Line 5, column 460, Rule ID: SENTENCE_FRAGMENT[1]
Message: “If” at the beginning of a sentence requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
...higher interest rates than other loans. If you pay the minimum balance you will en...
^^
Line 7, column 79, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... definitely a beneficial invention which makes the life easier for people but we ...
^^
Transition Words or Phrases used:
also, but, furthermore, if, moreover, so, thus, for instance, in my opinion, to begin with
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 4.0 13.1623246493 30% => More to be verbs wanted.
Auxiliary verbs: 11.0 7.85571142285 140% => OK
Conjunction : 9.0 10.4138276553 86% => OK
Relative clauses : 4.0 7.30460921844 55% => More relative clauses wanted.
Pronoun: 26.0 24.0651302605 108% => OK
Preposition: 29.0 41.998997996 69% => 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: 1493.0 1615.20841683 92% => OK
No of words: 289.0 315.596192385 92% => More content wanted.
Chars per words: 5.1660899654 5.12529762239 101% => OK
Fourth root words length: 4.12310562562 4.20363070211 98% => OK
Word Length SD: 2.59357737471 2.80592935109 92% => OK
Unique words: 176.0 176.041082164 100% => OK
Unique words percentage: 0.608996539792 0.561755894193 108% => OK
syllable_count: 453.6 506.74238477 90% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 5.43587174349 129% => OK
Article: 0.0 2.52805611222 0% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 4.0 4.76152304609 84% => OK
Performance on sentences:
How many sentences: 22.0 16.0721442886 137% => OK
Sentence length: 13.0 20.2975951904 64% => The Avg. Sentence Length is relatively short.
Sentence length SD: 30.5564441811 49.4020404114 62% => OK
Chars per sentence: 67.8636363636 106.682146367 64% => OK
Words per sentence: 13.1363636364 20.7667163134 63% => OK
Discourse Markers: 4.09090909091 7.06120827912 58% => More transition words/phrases wanted.
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 3.0 5.01903807615 60% => OK
Sentences with positive sentiment : 17.0 8.67935871743 196% => 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: 0.437336034742 0.244688304435 179% => OK
Sentence topic coherence: 0.135457854081 0.084324248473 161% => OK
Sentence topic coherence SD: 0.0702222507825 0.0667982634062 105% => OK
Paragraph topic coherence: 0.282030742562 0.151304729494 186% => OK
Paragraph topic coherence SD: 0.0591597296556 0.056905535591 104% => OK
Essay readability:
automated_readability_index: 9.5 13.0946893788 73% => Automated_readability_index is low.
flesch_reading_ease: 58.28 50.2224549098 116% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 8.4 11.3001002004 74% => OK
coleman_liau_index: 11.82 12.4159519038 95% => OK
dale_chall_readability_score: 8.38 8.58950901804 98% => OK
difficult_words: 75.0 78.4519038076 96% => OK
linsear_write_formula: 5.5 9.78957915832 56% => Linsear_write_formula is low.
gunning_fog: 7.2 10.1190380762 71% => OK
text_standard: 10.0 10.7795591182 93% => OK
What are above readability scores?
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Rates: 61.797752809 out of 100
Scores by essay e-grader: 5.5 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.