In many countries, it is easy to apply for and to get a credit card. However, credit card debt causes many problems and is hard to pay back. Do you think the advantages of credit cards outweigh the disadvantages?
The prevalence of
credit
cards
carries both advantages and disadvantages, with the former related to convenience and the latter to financial hurdles for users
. While
using these cards
can definitely predispose individuals to fiscal issues, I believe their promising aspects should be prioritized.
One concern associated with the use of credit
cards
is that returning the debt proves challenging in some instances. Despite effortlessly gaining financial provision at the outset, many people may fail to pay back on time, due in large part to the lack or absence of revenue streams to generate enough money
. It is coupled with
the financial illiteracy of most users
when signing a deal, a process hailed as getting easy funds, which also
takes its toll on card holders'
ability to have peace of mind in the long run. Another drawback, compounding the previous, is the advertisement of banks, through which they promise the opportunity to pay debts at intervals. These adverts with fancy words may comfort Correct your spelling
cardholders'
users
in that they do not have to return money
on a constant basis, altering their perception of the hardships that come with the obligation of paying monthly. Struggling to fulfill
their responsibility, some may even experience mental distress and other psychological externalities over time.
These disadvantages notwithstanding, I still feel that holding Change the spelling
fulfil
credit
cards
is a step forward for two primary reasons. Perhaps the most significant benefit such
cards
offer is their ability to increase the purchasing power of users
, which can be leveraged to set up a business, buy properties and improve their living standards. While
there are still drawbacks to the process of returning the debt, people can navigate these difficulties once they establish the
legitimate ways of earning Correct article usage
apply
money
via enterprises or possessions obtained through loans. Additionally
, contrary to the
popular belief, individuals can, in fact, save, make and spend Correct article usage
apply
money
when in possession of credit
cards
. Most credit
cards
offer cashbacks
, saving accounts and other similar Correct your spelling
cashback
favorable
features, all of which can improve user experience to a huge extent and render the possible problems less significant in comparison.
In conclusion, Change the spelling
favourable
although
I acknowledge the likely disadvantages that credit
cards
entail to common people, the benefits are, in my mind, more significant because of the greater buying capacity provided to individuals and the chance to accumulate monetary value as time elapses.Submitted by makemoneyizzy16 on
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coherence cohesion
Your essay is well-organized, but working on a clearer logical structure can make your arguments more compelling. Try to ensure each paragraph flows smoothly from one to the next.
task achievement
Adding more specific examples can enhance your arguments and make them more relatable. Try to include real-life scenarios or data to bolster your points.
coherence cohesion
Your introduction and conclusion are strong, providing a clear framework for your discussion.
task achievement
The points you make are relevant and cover various aspects related to credit card use.
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