In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?
In this day and age, credit cards are a boon to the modern society, shops and numerous institutions are extensively using it throughout the world. Recently, a phenomenon of accepting credit cards for all purposes sparked a heated debate. Various people think that the usage of credit card delivers significant advantages but opponents believe otherwise. This essay will illustrate the merits and demerits of credit cards in today’s cashless society.
Firstly, with the advancement of technology paper money has been replaced by the plastic money. Credits cards are easy to carry and reduce the weight of wallets. Consequently, seamless financial transactions save time and money. Secondly, a credit card allows the government to print less paper money which results in saving lots of trees. For example, as per a study conducted by Reserve Bank of India (RBI), in 2018, almost 60% of Indians are using credit cards for daily shopping and other financial transactions.
On other hand, credit cards give freedom to make unnecessary transaction further impacting the shopping habits of the customers. Furthermore, various people who use credit card carelessly goes under financial debt. In addition to that, rural areas still lack the technical advancement and customers are not tech-savvy, hence credit cards are restricted.
In recapitulate, as per above statements aforementioned, it is safer to assert that credit cards have changed the world and several economies. Thus, advantages of credit cards can always outweigh its demerits. I am highly inclined to believe that credit card’s contribution to the cashless society is tremendous but usage is dependent on customer’s discretion.
Grammar and spelling errors:
Line 3, column 354, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...s in saving lots of trees. For example, as per a study conducted by Reserve Bank...
^^
Transition Words or Phrases used:
but, consequently, first, firstly, furthermore, hence, if, second, secondly, so, still, thus, for example, in addition
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 10.0 10.5418719212 95% => OK
Auxiliary verbs: 2.0 6.10837438424 33% => OK
Conjunction : 10.0 8.36945812808 119% => OK
Relative clauses : 6.0 5.94088669951 101% => OK
Pronoun: 10.0 20.9802955665 48% => OK
Preposition: 31.0 31.9359605911 97% => OK
Nominalization: 7.0 5.75862068966 122% => OK
Performance on vocabulary words:
No of characters: 1446.0 1207.87684729 120% => OK
No of words: 261.0 242.827586207 107% => OK
Chars per words: 5.54022988506 5.00649968141 111% => OK
Fourth root words length: 4.0193898071 3.92707691288 102% => OK
Word Length SD: 2.99376195592 2.71678728327 110% => OK
Unique words: 163.0 139.433497537 117% => OK
Unique words percentage: 0.624521072797 0.580463131201 108% => OK
syllable_count: 443.7 379.143842365 117% => OK
avg_syllables_per_word: 1.7 1.57093596059 108% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 4.6157635468 65% => OK
Article: 2.0 1.56157635468 128% => OK
Subordination: 2.0 1.71428571429 117% => OK
Conjunction: 0.0 0.931034482759 0% => OK
Preposition: 6.0 3.65517241379 164% => OK
Performance on sentences:
How many sentences: 15.0 12.6551724138 119% => OK
Sentence length: 17.0 20.5024630542 83% => The Avg. Sentence Length is relatively short.
Sentence length SD: 34.0205166856 50.4703680194 67% => OK
Chars per sentence: 96.4 104.977214359 92% => OK
Words per sentence: 17.4 20.9669160288 83% => OK
Discourse Markers: 7.86666666667 7.25397266985 108% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 12.0 6.9802955665 172% => 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: 0.220409356631 0.242375264174 91% => OK
Sentence topic coherence: 0.0819515920101 0.0925447433944 89% => OK
Sentence topic coherence SD: 0.059718896997 0.071462118173 84% => OK
Paragraph topic coherence: 0.145596398061 0.151781067708 96% => OK
Paragraph topic coherence SD: 0.0859983245031 0.0609392437508 141% => OK
Essay readability:
automated_readability_index: 13.4 12.6369458128 106% => OK
flesch_reading_ease: 45.76 53.1260098522 86% => OK
smog_index: 8.8 6.54236453202 135% => OK
flesch_kincaid_grade: 11.1 10.9458128079 101% => OK
coleman_liau_index: 14.56 11.5310837438 126% => OK
dale_chall_readability_score: 9.62 8.32886699507 116% => OK
difficult_words: 85.0 55.0591133005 154% => OK
linsear_write_formula: 7.0 9.94827586207 70% => OK
gunning_fog: 8.8 10.3980295567 85% => OK
text_standard: 9.0 10.5123152709 86% => 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.