In many countries it is very easy to apply for and be given credit card. However, this causes some people to have problems with debt they cannot pay back. Do the advantages outweigh the disadvantages?
It is hard to deny that
credit
cards find their way into our lives nowadays and we rely on them heavily as they are quite convenient to use. However
, some claim that there is a risk of not being able to pay back, simply because of the easiness to loan money from them. As far as I am concerned, this
statement suffers from logical and factual issues, and I hardly agree with that.
To begin
with, quite often the maximum amount of funds available for a credit
card matches the financial status of its holder. When applying for a product in the bank, people
are asked to provide several personal information, including salaries and assets owned. With that being mentioned, quite possibly the credit
limit is set at a level that one can maintain the balance without having difficulties. As a result
, it is unlikely for people
to spend that much within one single billing cycle.
Apart from that, in today's society, people
are more educated and are more aware of managing personal assets. Most people
are more conscious of financial management in recent years so that
they would avoid any unnecessary shopping. Correct word choice
apply
This
actually helps prevent Correct pronoun usage
them from
from
spending the amount that exceeds their affordability. Change preposition
apply
Hence
, from the aspect of mindset, being not able to pay back is less likely to happen.
In conclusion, it is understandable that many ones
have a concern about the way Correct pronoun usage
apply
credit
cards work, especially how simple
we could use money from them. Change the word
simply
Nevertheless
, due to the aforementioned reasoning, I do not agree that those disadvantages are that significant to be worried about.Submitted by rlu3 on
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Answer the 'Problem and Solution' topic
Problem-and-solution essays fall naturally into two parts, the first describing and exploring the problem, the second setting out the solution or solutions.
You essay structure should look something like this:
- Introduction
- Body paragraph 1 – Problems
- Body paragraph 2 – Solutions
- Conclusion
Examples to start your body paragraph:
- One of the first problems of the...
- Another problem that needs to be considered...
- A possible solution to this problem would be...
- One immediate practical solution is to...