Many people are using credit cards or loans to run up huge personal debts that they may be unable to repay. It should, therefore, be made more difficult for individuals to borrow large amounts of money. What are your opinions on this? Give reasons for your answer and include any relevant example from your knowledge or experience.
Personal
debt
is one of the problems that has widely stirred up a
controversy. The accumulating Correct article usage
apply
debt
could lead the person to be bankrupt eventually due to a lack of payback ability. I strongly agree that some complicated process should be applied to the loaners, borrowing money from any financial institutions
to ensure that they can pay back. In Fix the agreement mistake
institution
this
essay, the views will be discussed and my personal experiences will be given.
Firstly
, personal debt
is an indicator to show where the country
's economic status is at. The higher the debts are, the worst situation the country
's economy is facing. According to the World Bank research, the country
with a high numbers
of Correct the article-noun agreement
a high number
high numbers
middle-class
population has a high tendency Add an article
the middle-class
of
personal loan ratio Change preposition
to
than
since their spending Change preposition
apply
behavior
is likely to overspend especially on high-involvement products Change the spelling
behaviour
such
as real estate, or cars. The COVID-19 pandemic is one
Correct pronoun usage
apply
of
a great example to explain the situation. We have seen many countries gain higher bad Change preposition
apply
debt
because the lenders, as known as financial institutions, cannot collect the money back to the system and the government has to subsidize those debts instead
of investing in something else ,for example
, health care service expansion or research for COVID-19 vaccination.
In addition
, getting money too easy
will create Change the word
easily
the
bad spending habit Correct article usage
a
to
the person. They will perceive that they can spend on whatever they desire without re-considering if it is necessary Change preposition
for
to
their living. Change preposition
for
This
is not just only about the country
's economic
as mentioned above but it is one of the causes that will affect Replace the word
economy
environment
. The higher demand, the higher production, Add an article
the environment
the
more environment will be destroyed. Giving the example, Correct word choice
and the
the
more numbers of cars on the road will generate Correct article usage
apply
higher
amount of air pollution.
In conclusion, banks or related organizations should provide a condition for a high amount of loan to guarantee that the loaners have the financial ability to fully pay back on time and to save the environment.Add an article
a higher
Submitted by minichariie on
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Use cohesive linking words accurately and appropriately
Linking words are very important in your essay.
To score effectively on your IELTS exam, you should make an effort to implement short concise sentences coupled with linking words.
Almost every sentence in your essay should have a linking word of some sort.
In fact, the only sentences that can omit linking words are your background sentence and thesis.
Linking word examples:
- firstly
- secondly
- thirdly
- in additional
- moreover
- also
- for example
- for instance
- therefore
- however
- although
- even though
- despite