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 a cashless society and its corresponding impacts have sparked a heated debate. Although contested by many that the matter of short-term credits is highly beneficial, such issue is regarded thoroughly both constructive and positive by a substantial number of individuals. I am inclined to believe that the credit analysis can be a plus, and I will analyze that throughout this essay.

From a social standpoint, credit card debt can provide the society with some noticeable effects which are rooted in the fact that the cash ratio, as well as a bank card, are inextricably bound up. According to my own experience, when I was a university student, I performed an academic experiment which discovered a cheque card. Thus, beneficial ramifications of both unsecured credit cards and charging the card apparently can be seen.

Within the realm of a science, using credit cards might increase the consequences of critical needs. As a tangible example, some scientific research undertaken by a prestigious university has asserted that the downside of a valid credit card is correlated negatively with an acceptable credit card. Hence, it is correct to presume the preconceived notion of a cashless system of payment.

To conclude, while there are several compelling arguments on both sides, I profoundly believe that the benefits of a cashless payment far outweigh its drawbacks. Not only do the advantages of a financial organization prove the significance of a method of payment, but also pinpoint a bank balance's implications.

Votes
Average: 7.7 (1 vote)
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Transition Words or Phrases used:
also, apparently, but, hence, if, 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 : 9.0 5.94088669951 151% => OK
Pronoun: 16.0 20.9802955665 76% => OK
Preposition: 28.0 31.9359605911 88% => OK
Nominalization: 8.0 5.75862068966 139% => OK

Performance on vocabulary words:
No of characters: 1313.0 1207.87684729 109% => OK
No of words: 247.0 242.827586207 102% => OK
Chars per words: 5.31578947368 5.00649968141 106% => OK
Fourth root words length: 3.96437052324 3.92707691288 101% => OK
Word Length SD: 3.16890533499 2.71678728327 117% => OK
Unique words: 157.0 139.433497537 113% => OK
Unique words percentage: 0.635627530364 0.580463131201 110% => OK
syllable_count: 417.6 379.143842365 110% => 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: 11.0 12.6551724138 87% => OK
Sentence length: 22.0 20.5024630542 107% => OK
Sentence length SD: 39.287034431 50.4703680194 78% => OK
Chars per sentence: 119.363636364 104.977214359 114% => OK
Words per sentence: 22.4545454545 20.9669160288 107% => OK
Discourse Markers: 6.09090909091 7.25397266985 84% => 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 : 0.0 2.75862068966 0% => 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: 0.141809624837 0.242375264174 59% => OK
Sentence topic coherence: 0.0528077678476 0.0925447433944 57% => OK
Sentence topic coherence SD: 0.0291993524602 0.071462118173 41% => Sentences are similar to each other.
Paragraph topic coherence: 0.0821112343291 0.151781067708 54% => OK
Paragraph topic coherence SD: 0.0385364715179 0.0609392437508 63% => OK

Essay readability:
automated_readability_index: 14.9 12.6369458128 118% => OK
flesch_reading_ease: 40.69 53.1260098522 77% => OK
smog_index: 11.2 6.54236453202 171% => OK
flesch_kincaid_grade: 13.1 10.9458128079 120% => OK
coleman_liau_index: 13.87 11.5310837438 120% => OK
dale_chall_readability_score: 10.29 8.32886699507 124% => OK
difficult_words: 87.0 55.0591133005 158% => OK
linsear_write_formula: 14.5 9.94827586207 146% => OK
gunning_fog: 10.8 10.3980295567 104% => OK
text_standard: 11.0 10.5123152709 105% => OK
What are above readability scores?

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Rates: 77.7777777778 out of 100
Scores by essay e-grader: 70.0 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.