In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?

Essay topics:

In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?

Recently, the phenomenon of using a credit card and its corresponding impact has sparked a heated debate. Although contested by many that the matter of a bank card is highly beneficial, such issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I am inclined to believe that charge card can be a plus, and I will analyze that throughout this essay.

From a social standpoint, electronic banking can provide the society with some noticeable effects which are rooted in the fact that shopping online, as well as short-term credit, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic experiment which discovered a method of payment. Thus, beneficial ramifications of both paper money and cash ratio apparently can be seen.

Within the realm of client account, credit card debt might increase the consequences of a bank loan. Moreover, fundamental aspects of unsecured credit relate to this reality that the demerits of a healthy bank balance pertain to credit analysis. As a tangible example, some scientific research undertaken by a prestigious university has asserted that the downside of a bank draft is correlated negatively with money market. Hence, it is correct to presume the preconceived notion of currency exchange.

To conclude, while there are several compelling arguments on both sides, I profoundly believe that the benefits of paying by credit card far outweigh its drawbacks. Not only do the advantages of a bank bill prove the significance of a cheque card, but also pinpoint demand account implications.

Votes
Average: 8.8 (1 vote)
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Comments

Transition Words or Phrases used:
also, apparently, but, hence, if, moreover, so, thus, well, while, as well as

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 10.0 10.5418719212 95% => OK
Auxiliary verbs: 5.0 6.10837438424 82% => OK
Conjunction : 5.0 8.36945812808 60% => More conjunction wanted.
Relative clauses : 10.0 5.94088669951 168% => OK
Pronoun: 18.0 20.9802955665 86% => OK
Preposition: 32.0 31.9359605911 100% => OK
Nominalization: 5.0 5.75862068966 87% => OK

Performance on vocabulary words:
No of characters: 1380.0 1207.87684729 114% => OK
No of words: 259.0 242.827586207 107% => OK
Chars per words: 5.32818532819 5.00649968141 106% => OK
Fourth root words length: 4.01166760082 3.92707691288 102% => OK
Word Length SD: 3.0834122842 2.71678728327 113% => OK
Unique words: 169.0 139.433497537 121% => OK
Unique words percentage: 0.65250965251 0.580463131201 112% => OK
syllable_count: 437.4 379.143842365 115% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 5.0 1.71428571429 292% => Less adverbial clause wanted.
Conjunction: 2.0 0.931034482759 215% => Less conjunction wanted as sentence beginning.
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 12.0 12.6551724138 95% => OK
Sentence length: 21.0 20.5024630542 102% => OK
Sentence length SD: 39.516786166 50.4703680194 78% => OK
Chars per sentence: 115.0 104.977214359 110% => OK
Words per sentence: 21.5833333333 20.9669160288 103% => OK
Discourse Markers: 6.41666666667 7.25397266985 88% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 0.0 5.33497536946 0% => OK
Sentences with positive sentiment : 8.0 6.9802955665 115% => OK
Sentences with negative sentiment : 1.0 2.75862068966 36% => More negative sentences wanted.
Sentences with neutral sentiment: 3.0 2.91625615764 103% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.108422641088 0.242375264174 45% => OK
Sentence topic coherence: 0.0388466701226 0.0925447433944 42% => OK
Sentence topic coherence SD: 0.04743801924 0.071462118173 66% => OK
Paragraph topic coherence: 0.062077318919 0.151781067708 41% => OK
Paragraph topic coherence SD: 0.0282616995929 0.0609392437508 46% => 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: 14.5 12.6369458128 115% => OK
flesch_reading_ease: 41.7 53.1260098522 78% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 12.7 10.9458128079 116% => OK
coleman_liau_index: 13.63 11.5310837438 118% => OK
dale_chall_readability_score: 10.41 8.32886699507 125% => OK
difficult_words: 94.0 55.0591133005 171% => OK
linsear_write_formula: 14.5 9.94827586207 146% => OK
gunning_fog: 10.4 10.3980295567 100% => OK
text_standard: 15.0 10.5123152709 143% => OK
What are above readability scores?

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Rates: 88.8888888889 out of 100
Scores by essay e-grader: 80.0 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.