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People increasingly rely on credit cards for regular payments. Do the advantages of this outweigh its disadvantages?

#people #credit #cards #payments #outweigh
Nowadays,
the
Correct article usage
apply
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credit
cards
becomes
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become
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 commonplace.
Nevertheless
,
this
 changes our means of payment. More and more
people
 pay
credit
cards
 by dividing periodical payments. It has a negative impact overall despite giving some flexibility to
people
.
Firstly
, regular payments damage
people
 mentally. With economic burden those seek to how to pay in every month, Many take out massive loans to meet
credit
 card’s regular demands, resulting in putting
people
 in severe circulation and
thus
 effects their psychology.
For example
,
people
 taking mortgage
credit
 that
last
 almost 30 years have to pay 500 dollars monthly, but they can afford
this
 since they have regular incomes. İf they do not in their elder ages, something can come up.
However
,
credit
cards
’ payment method offers the chance to
people
 to purchase anything they want and loans can be paid more flexible.
Therefore
, they can obtain electronic devices, cars or even a house located in a privileged destination.
In addition
, some
people
 do not own cash money that enables them to buy things.
Hence
, with
cards
, their needs could be met.
For instance
, washing machines can be affordable with instalments for underprivileged
people
 who want to pick up them. In my opinion, these psychological impacts bring about severe events.
People
 can go about committing a crime because of owing too much and even
this
 load causes an increase in suicide rates.
Thus
, it has more disadvantages. In conclusion,
although
credit
cards
 offer convenience to
people
 with regular payments, they can encounter serious problems, leading to other social problems.
Submitted by mdorukugur on

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