It has become very common for people to borrow money . Most of people have a credit card a mortgage and often they will buy a car on credit as well . Is this goid idea or is it too risky? Discuss both views and give your opinion.

#people #money #credit #card #mortgage #car #goid #idea

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Borrowing money from

other

any of various alternatives; some other

another

peron

a human being

person

prion

has become a common thing. In todays generation

this

Linking Words

asking nature has been developed more. People holding

Use synonyms

credit

Suggestion

a credit card

card

Use synonyms

or have a

mortage

a conditional conveyance of property as security for the repayment of a loan

mortgage

often tend to purchase

car

Suggestion

a car

even on

credit

Use synonyms

given.

This

Linking Words

essay will shed light on the positive

partt

something determined in relation to something that includes it

part

parts

path

of doing

this

Linking Words

also

Linking Words

will discuss the risk associated with it. At the

end I

Accept comma addition

end, I

will give my view on

this

Linking Words

situation. To commence with,

put into service; make work or employ for a particular purpose or for its inherent or natural purpose

use

credit

Use synonyms

cardto

Suggestion

card to

buy something has some merits.

Firstly

Linking Words

, a

person

Use synonyms

who is in a need of buying their daily necessary item

Accept space

and do not

money

a quantifier that can be used with count nouns and is often preceded by 'as' or 'too' or 'so' or 'that'; amounting to a large but indefinite number

many

can use

Use synonyms

credit

Suggestion

a credit card

credit cards

card

Use synonyms

to buy the product and pay

lateron

Suggestion

later on

For instance

Linking Words

, for a newly employed

person

Use synonyms

buying home

Accept comma addition

buying, home

would be

Suggestion

arduous

task but

Accept comma addition

task, but

with the help of

credit

Use synonyms

card

Use synonyms

he/she can afford to satisfy the basic need. By

this

Linking Words

way one can live a comfortable life.

In addition

Linking Words

, some

credit

Use synonyms

card

Use synonyms

company

provide

Suggestion

provides

intrest

a sense of concern with and curiosity about someone or something

interest

rate on the borrowed amount.

This

Linking Words

can give somewhat

relief

Suggestion

a relief

customer

Suggestion

customers

a customer

the customer

who will to shop something. Buying daily necessary product during

such

Linking Words

offer period is a good idea though. On the other side, certain type of risks

are

Suggestion

is also associated with

are also associated with

also

Linking Words

associatedwith overbuying which is discussed. The

credit

Use synonyms

card

Use synonyms

companied are offering lucrative discounts as a reason the vulnerable people tend to buy

unnecessary item

Suggestion

unnecessary items

an unnecessary item

. Due to

such

Linking Words

nature the debt of that

person

Use synonyms

may augment. If the buyer

have

Suggestion

has

no control on his spending the rising debt may someday cause financial anxiety, may commit crime or think to give-up life.

For example

Linking Words

, research by one of the leading

organization

Suggestion

organizations

world

Suggestion

the world

shows that 21% committed

sucide

the act of killing yourself

suicide

rate is due to their unbearable liability amount.

Thus

Linking Words

overshopping

Suggestion

over shopping

may land a

person

Use synonyms

critical situation

Suggestion

a critical situation

critical situations

. To conclude, buying the important item through

credit

Use synonyms

card

Use synonyms

acceptable but

Accept comma addition

acceptable, but

one should know how to have control over

this

Linking Words

. While, risk linked with

this

Linking Words

is less if it is used wisely.

Submitted by pavitramohanty111 on Tue Aug 27 2019

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8
Linking words
meeting the goal of 7 or more
3
Word repetition
meeting the goal of 3 or fewer
29
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 4.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 4.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

321 words

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Topic Vocabulary:

Financial stability
Debt management
Interest rates
Creditworthiness
Loan repayment
Economic impact
Fiscal responsibility
Consumer behavior
Asset acquisition
Credit cycle
Default risk
Liquidity
Financial planning
Credit limit
Down payment
Income-to-debt ratio
Repossession
Amortization
Secured/unsecured loan
Investment
Compulsive spending
Insolvency

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