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

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they would avoid any unnecessary shopping.

This

actually helps prevent

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them from

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from

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spending the amount that exceeds their affordability.

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

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have a concern about the way

credit

cards work, especially how

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simply

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we could use money from them.

Nevertheless

, due to the aforementioned reasoning, I do not agree that those disadvantages are that significant to be worried about.