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 examples from your own knowledge and experience. You should write at least 250 words.

It is true that many
people
suffer
in
Change preposition
from
show examples
financial problems due to
unable
Add a missing verb
being unable
show examples
to clear a huge amount of
loans
in recent
year
Fix the agreement mistake
years
show examples
. Some
people
believe that
bank
Fix the agreement mistake
banks
show examples
should tighten the approval loan process
of
Change preposition
for
show examples
huge
Add an article
the huge
show examples
loan
Fix the agreement mistake
loans
show examples
. Personally, I disagree with
this
views
Fix the agreement mistake
view
show examples
.
Firstly
, they will be black market occurs if
Add an article
the bank
show examples
bank
Fix the agreement mistake
banks
show examples
made individuals hard to lend money. In the reality, some individuals will borrow money directly from illegal parties, these parties typically set a very
high interest
Add a hyphen
high-interest
show examples
rate and approval the applicants easily. As the maturity date
around
Add a missing verb
is around
show examples
the corner, the borrowers
unable
Add a missing verb
were unable
show examples
to pay the money because of
Correct article usage
the high
show examples
high interest
Add a hyphen
high-interest
show examples
rate
Fix the agreement mistake
rates
show examples
had
double
Wrong verb form
doubled
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the total
repay
Replace the word
repayment
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amount.
Consequently
,
third
parties will consistently
interfering
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interfere
be interfering
show examples
the
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with the
show examples
borrowers
Change to a genitive case
borrower's
borrowers'
show examples
life and in the
worse case
Correct the spelling
worst-case
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scenario, they might
causes
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cause
show examples
persecution of family members, which
create
Correct subject-verb agreement
creates
show examples
more social issues.
On the other hand
,
increase
Wrong verb form
increasing
show examples
the difficulties to borrow
loan
Fix the agreement mistake
loans
show examples
could greatly reduce the number of
people
Correct pronoun usage
who bankcrupt
show examples
bankcrupt
Correct your spelling
bankrupt
.
This
is because
for
Add the comma(s)
,for
show examples
the
people
who do not meet the requirements,
bank
Add an article
the bank
a bank
show examples
should not easily
approval
Replace the word
approve
show examples
their
loans
. To
further
illustarte
Correct your spelling
illustrate
,
bank
Add an article
the bank
a bank
show examples
should check the
applicants
Change to a genitive case
applicant's
applicants'
show examples
background details closely in order to make sure the person
have
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has
show examples
the ability to pay off their
loans
.
Add an article
The bank
A bank
show examples
Bank
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Banks
show examples
should
also
limit an individual credit
cards
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card
show examples
quota based on their income level.
Hence
,
people
should be able to clear their
loans
by the end of the maturity date without any issues. In conclusion, I do not believe that
bank
should
made
Change the verb form
make
be made
show examples
Correct pronoun usage
it more
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more tough
Replace the words
tougher
show examples
for individuals to lend
a massive
Correct the article-noun agreement
massive loans
a massive loan
show examples
loans
as
this
will only lead
more
Change preposition
to more
show examples
people
Add the particle
to suffer
show examples
suffer
Wrong verb form
suffering
show examples
in their life and might possibly
generates
Change the verb form
generate
show examples
more uncertain social problems.
Submitted by hong2016600 on

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Fully explain your ideas

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  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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Topic Vocabulary:
  • financial literacy
  • credit cards
  • loans
  • debts
  • mental health
  • well-being
  • stringent checks
  • balances
  • repaying
  • reckless spending
  • living beyond one's means
  • financial destabilization
  • regulations
  • cap (verb)
  • income
  • financial commitments
  • mandatory financial education
  • financial decisions
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