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

Nowadays, many people have

credit

cards, mortgages, and loans. Many people believe that taking things on loan is acceptable and it's a good idea. And others,

on the contrary

, believe the opposite, that

this

is not the best thing that a person should do. In

this

essay, I will discuss the two sides and describe my opinion. People who have

credit

cards believe that

this

will make their lives easier.

First

,

this

will relieve their stress, so they think they can not worry that they do not have money with them, since they always have a

credit

card with them. They can always easily pay for all their expenses. They do not have to wait, companies provide the best service in the shortest possible time.

On the other hand

, the decision to have

credit

cards has its negative drawbacks.

First

of all, buying things with a

credit

card, people may have expenses, since they will be charged a percentage. To pay off your account or mortgage, with which people take money on

credit

for their expenses, people will have to pay a large amount, as an interest fee is charged.

This

can make people uncomfortable, as they will have to pay off loans over a long period. In the course of

this

, it can lead people to devalue everything. In conclusion, I would like to say that both sides have their pros and cons. Based on the two descriptions provided, I would like to provide my opinion. I believe that having loans, loans, mortgages is not the best thing, for me it has negative sides. People spend their time and money on the most efficient loan repayments.

Also

,

credit

cards can charge deposits, which can

also

lead to misunderstandings between people.