The reason that most individuals are in debt is due to the overuse and irresponsible use of credit cards. Banks should not issue credit cards unless they are completely sure of an individual’s ability to pay back their debts. To what extent do you agree with this?

Nowadays, it is undeniable that

credit

cards

are a useful thing in our life.

Credit

cards

help people’s life easier when they spend.

However

, if someone does not estimate themself while spending via

cards

and

also

lack responsibility, there are some disadvantages if they use it in the wrong way. Currently, there are many methods to pay,

for example

, cash, debit

cards

, mobile banking, or

credit

cards

. But, a

credit

card is the only type that customers are not necessary to pay when they buy at that moment because of its ability that can pay for customers in advance.

Moreover

, people not only need to have many

cards

in their wallets but

also

they do not necessary to pay by cash in the cashless society and the spread of coronavirus these days.

Nevertheless

, numerous advantages of

credit

cards

also

have many disadvantages. Most individuals do not consider their income and overspend when they purchase. To illustrate, some people who possess

credit

cards

swipe their

credit

cards

around 50-60 per cent of their salary.

Also

, some types of customers do not care about the responsibility and they are thoughtless when paying

credit

card bills on time.

This

inappropriate action brings about a huge debt that they are not able to pay off.

Moreover

, too much debt is related to the individual’s credibility and reliability in the future. To conclude, I agree that banks should elaborately check each individual account and history of use

cards

.

Besides

, banks should

also

thoroughly tell a regulation before issue

credit

cards

.

This

is to say that a

credit

card has both positive and negative ways if they misuse it.