People today increasingly use credit cards to make monthly purchase. Do the advantages of this outweight the disadvantages?

Squabbling over
credit
cards
is interminable in today's aeon. Controversy exists as to whether using
credit
cards
is advantageous or an impediment to society.
However
, many people use
credit
cards
due to a plethora of reasons. In
this
monograph, I will weigh up the merits and demerits along with my credibility with a befitting paradigm. There
are
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is
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a
Correct article usage
apply
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myriad
of
Change preposition
apply
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reasons to agree with the meritorious side.
To begin
with, banks provide
credit
cards
to anyone who qualifies for an account.During
an emergency situations
Correct the article-noun agreement
an emergency situation
emergency situations
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, we can withdraw
money
from the
credit
card
with zero interest rate, later we can pay off the
money
by converting it into
EMI
Correct article usage
an EMI
show examples
option.
Furthermore
, we can obtain discounts from online transactions by using a
credit
card
, resulting in monthly savings.
Hence
, it's apparent why many people are in favour of
this
trend.
By contrast
, the needs of the area cannot be neglected. The most concerning aspect is that using
credit
cards
to purchase unnecessary items from stores results in debt.To delve deeper, if a person fails to make a
credit
card
payment, it will have an impact on their
credit
score.
As a result
, the background check creates a bad impression on their account.
Furthermore
, we need to pay
credit
cards
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card
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processing fees annually.
Besides
, using
credit
cards
,
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apply
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indirectly discourages people from saving their
money
. Based on these points, the pitfall of
credit
cards
is lucid. In recapitulation, I reiterate that there are innumerable factors supporting that
credit
cards
have more benefits ,especially in a critical situation and
credit
card
giving opportunities don't rely upon
money
to another person. Owing to these stated reasons, I'm profoundly convinced that the pros of
this
phenomenon overshadow the cons.
Submitted by dhivyaravi0396 on

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