People today are increasingly use credit card to make monthly purchases. Do the advantages outweigh the disadvantages?

Financial freedom has always been
a the
Choose an article
a
the
show examples
prime concern of people. People need a better life. So they take loans and build their
deeam
Correct your spelling
dream
true. Most of them are using
the
Correct article usage
apply
show examples
Credit
Card
to meet monthly
expense
Fix the agreement mistake
expenses
show examples
. It is more popular and very convenient in the modern era. So I argue, it has more advantages rather than disadvantages. There are enoroumous cosative factors for my arguement. On
one
Correct article usage
the one
show examples
hand, there are many
benifits
Correct your spelling
benefits
on
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of
show examples
using
Credit
Cards
on
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for
show examples
purchase
Fix the agreement mistake
purchases
show examples
.
Firstly
, it provides cashless
transaction
Fix the agreement mistake
transactions
show examples
and
convieniance
Correct your spelling
convenience
for the users, without paying any
aditional
Correct your spelling
additional
charges.
However
, most
of
Change preposition
apply
show examples
banks provide cashback offers and additional discounts to those who use the
cards
.
For example
, the users are getting additional points using the Fuel
Card
and they can redeem the points and fill the petrol.
Moreover
, E-commerce
platfoms
Correct your spelling
platforms
like
amazone
Correct your spelling
Amazon
give
aditional
Correct your spelling
additional
discounts
upto
Correct your spelling
up to
10
percentage
Replace the word
per cent
show examples
.
Finally
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Finally,
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customers get more than a month
for
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apply
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repay to the
Credit
Card
.
Credit
scores are increased when we use and make proper
repayment
Fix the agreement mistake
repayments
show examples
.
On the other hand
, It has some
drawback
Fix the agreement mistake
drawbacks
show examples
.
Initially
, most of the banks charge a yearly maintenance fee on
cards
. It may
a
Add a missing verb
be a
show examples
burden for
un used
Correct your spelling
unused
show examples
customers.
Secondly
, some shops are not accepting
cards
because of the swiping machine
coast
Correct your spelling
cost
show examples
and charges. To recapitulate,
Card
payment is becoming
popular
Correct quantifier usage
more popular
show examples
than other traditional methods. Because
,
Remove the comma
apply
show examples
people are more convinced with
cards
. And they get
aditional
Correct your spelling
additional
discounts and
point
Fix the agreement mistake
points
show examples
rather than others.
However
, when a user
dues
Correct your spelling
does
show examples
his or her repayment,
bank
Add an article
the bank
show examples
will charge a huge interest on their transaction. In my opinion,
Credit
Cards
are
usefull
Correct your spelling
useful
.
Submitted by shahinka.687 on

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