You are hereMany people are using credit cards or loan to run-up personal debts that they may be unable to repay .It should therefore be made difficult for individuals to borrow large amount of money .What is your opinion on this?

Many people are using credit cards or loan to run-up personal debts that they may be unable to repay .It should therefore be made difficult for individuals to borrow large amount of money .What is your opinion on this?


GAURAV460's picture

By GAURAV460 - Posted on 12 September 2013

Essay topic: 

Many people are using credit cards or loan to run-up personal debts that they may be unable to repay .It should therefore be made difficult for individuals to borrow large amount of money .What is your opinion on this?

These days people can use credit cards and loans to financial resource, there has been considerable discussion of the large personal debt and loan withdrawn by people, which cannot be repaid;like their amount and interest.Some people claim that borrowings should be strict but some think its unfair to do so,as people endless needs and want modern standard of leaving.I would like to throw light on this surging phenomenon at both sides.

There are multifarious factors behind this concern.First and foremost,on the one hand,some people think that there must be a strong barrier when the huge amounts are loaned to public, one of the reason for this idea to prevent one monetary company from bigger bad-debts,which could lead to bankruptcy .Their every financial institution believe that prevention is better than cure;preventing the unwanted loan could help the bank and other financial companies to enhance economically and helping country side to flourish.However economical power enhances lucrative another countries to make investment as well as optimum strategic are generated by economist. that is undoubtable help them to create income.

By contrast on the contrary ,other have conflicting argument,that Credit cards and loan are the special facilities given to the people, which helps them to do their daily transaction as well as to run big projects and business at the same time.As beyond comparison their money-power enhance to endorse financial institution;like government subsidiary plain, loan for home,business,education loan and so on.Moreover credit cards can be used in several areas,as emergency tool in case of any accident or hazards,purchasing time whether from mall or branded shops although its safe to carrying credit cards instance cash in pockets.

from notion both aspects have there own,bank would not eliminate the borrowing money of individual because money unavoidable good-aspects.There should not be hassled to get credit card and loan because it serves as a helping hand in public.However it can not be denied that some of the people may be unable to repay it.I suggest that financial institutions to make a proper policy such as keeping the collateral or other documents before providing loan.

Average: 8.8 (5 votes)
Tags
More essays by this user:
Looking for speaking partner/tutor/chat? Join the instant conversation now!
    
Something about you
Choose a nickname and enter at least one ID (Skype, MSN, QQ, ICQ or Yahoo) if you want to be listed!
Registered users only
Loading...
(148 users watching; 1 users on the list)
People online
Nickname Sex L Country Favorite topics Contact
Dementor

User comment: I want to talk to someone in English to prepare for an exam

Creative artists should always be given freedom to express their own ideas (in words, picture, music, film) in whichever way they wish. There should be no government restrictions on what they do.To what extend do you agree or disagree with this statement? D O N
Fatherhood ought to be emphasized as much as motherhood. The idea that women are solely responsible for deciding whether or not to have babies leads on to the idea that they are also responsible for bringing the children up. fialka
In some countries young people are encouraged to work or travel for a year between finishing high school and starting university studies.Discuss the advantages and disadvantages for young people who decide to do this. eddysuaib
Some people think that men and women have different qualities, that is why men are suitable for some type of jobs and women for different type of jobs. Do you agree or disagree with statement. Raman Toor
Nowadays, parents are leaving their children with someone else during the day, when they are at work. Is it a good or a bad thing to do? give relevant examples from your experience or knowledge. Omar Sheta
Some people think that travel helps gaining knowledge but others think that TV and internet play an important role in gaining knowledge. Discuss both views, and give your opinion. kryztn30
Some people say part-time jobs are useful for full-time students because they not only earn money but also gain career experience.Do you agree or disagree? vexxx
Nowadays for many people the Internet is replacing regular books. What do you think will happen in the future and what is your opinion about this trend? william00100
The graphs below show where people first got their news, both about the world and about local news, between 1987 and 1997. ridaakzar
The two maps below show an island, before and after the construction of some tourist facilities. Summarise the information by selecting and reporting the main features, and make comparisons where relevant. uuyue

Term
Write complaint letter to the airline manager regarding the behavior of one of staff members on your flight. In your letter- Give full details of your flight.- Say what the problem with the staff member was.- What would you like the manager to do regardin marzieh IELTS
Many countries are currently witnessing an increase in criminal activity among young people. Discuss reasons for this phenomenon and suggest ways to deal with the problem. ajiaji IELTS Writing Task II
GENERAL TRAINING WRITING TASK 1You are working for a company. You need to take some time off work and want to ask your manager about this.Write a letter to your manager. In your letter-Explain why you want to take time off work-Give details of the amount sliwer IELTS
The pie charts below show units of electricity production by fuel source in Australia and France in 1980 and 2000. Summarise the information by selecting and reporting the main features ,and make comparisons where relevant. Kal-El IELTS Writing Task I
Children today are too dependent on computers and electronic entertainment. It would be better for them to be outside playing sports and taking part in more traditional pastimes than spending all day indoors.Do you agree or disagree with this statement? Omar Sheta IELTS Writing Task II
Writing task I (General)You were hurt in a minus accident inside a supermarket, and you wish to complain to the supermarket.Write a letter to the manager of the supermarket. In your letter :* Say who you are.* Give details about the accident.* Suggest how TEST-English School IELTS
Chorleywood is a village near London whose population has increased steadily since the middle of the nineteenth century. The map below shows the development of the village.Write a report for a university lecturer describing the development of the village. eddysuaib IELTS
You want to learn a foreign language for work purposes from a teacher in your locality. Write a letter to him/her and say- Explain the reason for learning.- How will it help with your work?- Ask a few details about the course.- How did you hear about him/ devabe2005 IELTS Writing Task I
Argumentative Essay: Advantages and Disadvantages of Using the Internet alfitrah8.5 IELTS
Argumentative Essay: Discussion about Smoking alfitrah8.5 IELTS

Term
Fresh water has always been a limited resource in some parts of the world. Today, however, growing worldwide demand has made this a global problem.What are the causes of the increased demand, and what measures can governments and individuals take to respo prathapreddy sticky icon IELTS Writing Task II
People naturally resist making changes in their lives.What kind of problems can this cause? What solution can you suggest? Ramin mm IELTS Writing Task II
Some people believe that environmental problems are too big to be solved by individuals. others say people can take some actions to help the environment. Discuss both views and give your opinions. Hiten sticky icon IELTS Writing Task II
There are many different types of music in the world today. Why do we need music? Is the traditional music of a country more important than the international music that is heard everywhere nowadays? hariakia IELTS Writing Task II
Without capital punishment (the death penalty) our lives are less secure and crimes of violence increase. Capital punishment in essential to control violence in society. To what extent do you agree or disagree with this opinion? TuralHazrat IELTS Writing Task II
Some people think that mobile phones are most useful for their professional life other thinks that mobile phones are most useful in their personal life. Discuss of them and give your opinion. harindermann98@... IELTS Writing Task II
The table below gives information on consumer spending on different items in five different countries in 2002. Summarise the information by selecting and reporting the main features, and make comparisons where relavant. Write at least 150 words uday.narang IELTS Writing Task I
Part-time employment – application letterYou are looking for part-time employment.Write a letter to an employment agency. In your letter•introduce yourself•explain what type of work you are looking for•say what experience and skills you have carl IELTS Writing Task I
Write a letter to the publisher in a newspaper, asking to advertise a meeting of people from different countries you are organizing. Explain where, when and why. prathapreddy IELTS Writing Task I
Some people argue that it is more important to have an enjoyable job than to earn a lot of money. Others disagree and think that a good salary leads to a better life. Discuss both these views and give your own opinion. Alciozzo sticky icon IELTS Writing Task II

Some people argue that it is more important to have an enjoyable job than to earn a lot of money. Others disagree and think that a good salary leads to a better life. Discuss both these views and give your own opinion. Alciozzo sticky icon IELTS Writing Task II
Should Parents encourage their Children to play outdoor sports instead of Computer games? Do you agree or Disagree? ptpielts sticky icon IELTS Writing Task II
You have decied to leave your current job even though you enjoy it.Write a letter to inform you manager of your decision. In your letterTell the manager about your decision and the reason for itDescribe what you learnt in you current jobask the manager to prathapreddy sticky icon IELTS Writing Task I
There is a growing demand for freshwater nowadays and this is becoming aglobal problem. Discuss the possiblecauses for it. What measures can betaken by governments and individuals toovercome this problems? Justin sticky icon IELTS Writing Task II
Some people believe that environmental problems are too big to be solved by individuals. others say people can take some actions to help the environment. Discuss both views and give your opinions. Hiten sticky icon IELTS Writing Task II
The graph below shows the quantities of goods transported in the UK between 1974 and 2002 by four different modes of transport. uday.narang sticky icon IELTS Writing Task I
In the developed world, average life expectancy is increasing. What problems will this cause for individuals and society?Suggest some measures that could be taken to reduce the impact of ageing populations. Justin sticky icon IELTS Writing Task II
Some people are of the opinion that police officers should not carry guns in public as this might create a more violent society. They believe that a society without guns is more peaceful.To what extent do you agree or disagree with this statement?You shou Suraj sticky icon IELTS Writing Task II
Global warming is one of the most serious issues that the world is facing today.What are the causes of global warming and what measures can governments and individuals take to tackle the issue? Justin sticky icon IELTS Writing Task II
Fresh water has always been a limited resource in some parts of the world. Today, however, growing worldwide demand has made this a global problem.What are the causes of the increased demand, and what measures can governments and individuals take to respo prathapreddy sticky icon IELTS Writing Task II
essayE-rater's picture

Sentence: Their every financial institution believe that prevention is better than cure;preventing the unwanted loan could help the bank and other financial companies to enhance economically and helping country side to flourish.
Description: The fragment institution believe that is rare
Suggestion: Possible agreement error: Replace believe with verb, past tense

Sentence: However economical power enhances lucrative another countries to make investment as well as optimum strategic are generated by economist.
Description: An adjective is not usually followed by a determiner/pronoun, singular
Suggestion: Refer to lucrative and another

Sentence: That is undoubtable help them to create income.
Description: An adjective is not usually followed by a verb, base: uninflected present, imperative or infinitive
Suggestion: Refer to undoubtable and help

Sentence: As beyond comparison their money-power enhance to endorse financial institution;like government subsidiary plain, loan for home, business, education loan and so on.
Description: A noun, singular, common is not usually followed by a determiner, possessive
Suggestion: Refer to comparison and their
Description: The fragment money-power enhance to is rare
Suggestion: Possible agreement error: Replace enhance with verb, past tense

flaws:
No. of Grammatical Errors: 4 2
Sentence-Sentence Coherence: 0.056 0.07

Don't put a space before punctuation marks.
Always put a space after punctuation marks. E-rater is sensitive.

Attribute Value Ideal
Score: 6.5 out of 9
Category: Good Excellent
No. of Grammatical Errors: 4 2
No. of Spelling Errors: 0 2
No. of Sentences: 15 15
No. of Words: 368 350
No. of Characters: 1848 1500
No. of Different Words: 217 200
Fourth Root of Number of Words: 4.38 4.7
Average Word Length: 5.022 4.6
Word Length SD: 2.582 2.4
No. of Words greater than 5 chars: 136 100
No. of Words greater than 6 chars: 98 80
No. of Words greater than 7 chars: 66 40
No. of Words greater than 8 chars: 46 20
Use of Passive Voice (%): 0 0
Avg. Sentence Length: 24.533 21.0
Sentence Length SD: 11.512 7.5
Use of Discourse Markers (%): 0.533 0.12
Sentence-Text Coherence: 0.303 0.35
Sentence-Para Coherence: 0.514 0.50
Sentence-Sentence Coherence: 0.056 0.07
Number of Paragraphs: 4 5