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 banking credit card and corresponding impact has sparked a heated debate. Although contested by many that the matter of a cashless system of payments is highly beneficial, such issue is regarded thoroughly both constructive and positive by the substantial number of individuals. I am inclined to believe that the cashless society can be a plus.

From a social standpoint, money transformation in the cashless atmosphere can provide the society with some noticeable effects which are rooted in the fact that the merits of financial transaction, as well as a plastic card, are inextricably bound up. According to my own experience, when I was the university student, I performed an academic experiment which discovered secured credit facility. Thus, beneficial ramifications of both electronic banking and charge cards apparently can be seen.

Within the realm of science, revolving credit might increase the consequences of a bank card, Moreover fundamental aspects of the faulty system could relate to this reality that the demerits of paper money pertain to a suspense account. As a tangible example, some scientific research undertaken by a prestigious university has asserted that the downside of debit note is correlated negatively with the hacking of the bank systems. Hence, it is correct to presume the preconceived notion of online fraud.

To conclude, while there are several compelling on both sides, I profoundly believe that the benefits of cashless society far outweigh its drawbacks. Not only do the advantages of cashless systems prove the significance of the credit card, but also pinpoint secured network implications.

Votes
Average: 8.8 (1 vote)
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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 : 4.0 8.36945812808 48% => More conjunction wanted.
Relative clauses : 9.0 5.94088669951 151% => OK
Pronoun: 14.0 20.9802955665 67% => OK
Preposition: 33.0 31.9359605911 103% => OK
Nominalization: 6.0 5.75862068966 104% => OK

Performance on vocabulary words:
No of characters: 1416.0 1207.87684729 117% => OK
No of words: 258.0 242.827586207 106% => OK
Chars per words: 5.48837209302 5.00649968141 110% => OK
Fourth root words length: 4.00778971557 3.92707691288 102% => OK
Word Length SD: 3.11621157704 2.71678728327 115% => OK
Unique words: 163.0 139.433497537 117% => OK
Unique words percentage: 0.631782945736 0.580463131201 109% => OK
syllable_count: 446.4 379.143842365 118% => 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: 0.0 1.56157635468 0% => OK
Subordination: 5.0 1.71428571429 292% => Less adverbial clause wanted.
Conjunction: 1.0 0.931034482759 107% => OK
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 11.0 12.6551724138 87% => OK
Sentence length: 23.0 20.5024630542 112% => OK
Sentence length SD: 61.1859379945 50.4703680194 121% => OK
Chars per sentence: 128.727272727 104.977214359 123% => OK
Words per sentence: 23.4545454545 20.9669160288 112% => OK
Discourse Markers: 7.0 7.25397266985 96% => 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 : 2.0 2.75862068966 72% => 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: 0.123643397788 0.242375264174 51% => OK
Sentence topic coherence: 0.044625178673 0.0925447433944 48% => OK
Sentence topic coherence SD: 0.0401645151581 0.071462118173 56% => OK
Paragraph topic coherence: 0.0760059891158 0.151781067708 50% => OK
Paragraph topic coherence SD: 0.03531864248 0.0609392437508 58% => OK

Essay readability:
automated_readability_index: 16.2 12.6369458128 128% => OK
flesch_reading_ease: 39.67 53.1260098522 75% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 13.4 10.9458128079 122% => OK
coleman_liau_index: 14.86 11.5310837438 129% => OK
dale_chall_readability_score: 10.59 8.32886699507 127% => OK
difficult_words: 95.0 55.0591133005 173% => OK
linsear_write_formula: 14.5 9.94827586207 146% => OK
gunning_fog: 11.2 10.3980295567 108% => 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.