People today increasingly use credit cards to make monthly purchases. Do the advantages of this outweigh the disadvantages?
Nowadays, bank
cards
play an important role in maintaining the financial aspect of life. Due to this
, the use
of visa
cards
has become popular among people
to make their regular payments. In my opinion, it is extremely beneficial to use
such
cards
, despite some of the drawbacks.
There are several advantages of Correct your spelling
owning
owing
a Correct your spelling
owning
credit
card
. Firstly
, these cards
are user-friendly. ONE HAS TO JUST TAP THE CARD
TO MAKE THE Local or even an international transaction. Not only this
, but it is very convenient while making hefty purchases as one is not required to deal with counting cash. Secondly
, using visa
cards
ENABLES A people
to ACESS
the loans EFFORTLESSLY. The Correct your spelling
ACCESS
card
owners who maintain a good economical record by PAYING ON TIME or other financial crimes can build high credit
scores WHICH them to be qualified for lending money WITHOUT DOING OTHER FORMALITIES. For example
, CIBC platinum visa
provides car loans to their loyal customers if their credit
score is up-to
750.
Correct your spelling
up to
Moreover
, people
can earn rewards on
using their Change preposition
by
credit
cards
. Most of the banks provide flexible redemption offers to their clients as they earn points for each of their spendings apart from their credit
scores. For instance
, Scotiabank scene visa
facilitates WITH free movie tickets BY ADDITIONAL POINTS. ON THE CONTRARY
, the major drawback is that,
Remove the comma
apply
use
of these cards
IS an expensive affair. Card
issuers Charge Correct article usage
a high
high interest
Add a hyphen
high-interest
rate
ALONG with the annual fee to continue the services of the Fix the agreement mistake
rates
card
which becomes even more costly FOR THE USERS. EVIDENTLY, it can as
little as 99 dollars to as much as 1500 dollars depending on the choice of the Add a missing verb
be as
card
. So, it is not worthwhile for those who occasionally make use
of such
cards
.
To conclude, Although
most of
Change preposition
apply
the
Correct article usage
apply
credit
cards
are high priced. However
, I think that it has many other benefits which overshadow this
disadvantage, as iT BUILDS financial reputation AND PROVIDE loans TO PEOPLE
TO FULFILL their personal needs.Submitted by
on
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