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cards and loans to financial resource, there has been considerable discussion of the large personal debt and loan withdrawn by people, which cannot be repaid;like their amount and interest.Some people claim that borrowings should be strict but some think its unfair to do so,as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: 8.9 (7 votes)
Tags
More essays by this user:

Some people think it would be a good idea for schools to teach every young person how to be a good parent.Do you agree or disagree? grt2bagal sticky icon
Some people say that it would be better if the majority of people worked from home instead of travelling to a workplace every day.Do you think the advantages of working from home outweigh the disadvantages? Ghoul Azizkhan
Terrorism is a biggest menace the world faces today.Discuss it's causes and ways to tackle the problem. Jaswinder
Should the children e encourage for co-curricular activities. navi
Should rich countries pay more for environmental damage? mikrarlagowa
The table below gives information about population over 60-year-old in six regions in 2000 and the predicted numbers of population over 60 in 2050.It also shows the world population over 60 in 2000 and 2050. fialka sticky icon
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
some people say that the internet is making the world smaller by bringing people together. To what extend do you agree that the internet is making it easier for people to communicate with one another. pinki13
Some people prefer to spend their lives doing the same things and avoiding change. Others, however, think that change is always a good thing.Discuss both these views and give your own opinion! Adika Dimas
The diagram below shows the life cycle of a frog. Write a report for a university lecturer, describing the information shown below. Dilbar sticky icon

Term
Argumentative Essay: Advantages and Disadvantages of Using the Internet alfitrah8.5 IELTS
causes of the road accidents and solutions. Sabee IELTS
Discuss the advantages and disadvantages of having a car. marzieh IELTS
You have lost your student identification card. This has created some problems for youWrite a letter to the director of student service .In your letter1 Advise them of your situation2 Explain how this is affecting you3 Request a new card jatinmehta09 IELTS Writing Task I
What are the advantages & disadvantages of living and working in a foreign country compared with living and working in your own country? samir 1234 IELTS Writing Task II
increasing the price of petrol is the best way to solve growing traffic and pollution problems. to what extent do you agree or disagree? what other measures do you think might be effective. hamidrezayekeh IELTS Writing Task II
What are the advantages and disadvantages for children of watching television? Discuss both sides. uzboy IELTS Writing Task II
In some countries the average weight of people is increasing and their levels health and fitness is decreasing.What do you think are the causes of these problems and what measures could be taken to solve them? hamedpa IELTS Writing Task II
Some people believe when famous people support international aid, it makes the general public think about it. Others think they make the problem less important. Discuss both views and give your own opinion. MisterWandering sticky icon IELTS Writing Task II
life now is better than 100 years ago amnazaidi88 IELTS

Term
The table below shows the proportion of different categories of families living in poverty in Australia in 1999.Summarise the information by selecting and reporting the main features, and make comparisons where relevant. supbro119 sticky icon IELTS Writing Task I
Some people believe when famous people support international aid, it makes the general public think about it. Others think they make the problem less important. Discuss both views and give your own opinion. MisterWandering sticky icon IELTS Writing Task II
The graph below presents the car sales by village in 2013. Summarise the information by selecting and report in the main features, and make comparisons where relevant. prakasha sticky icon IELTS Writing Task I
Some people think that universities should provide graduates with the knowledge and skills needed in the workplace. Others think that the true function of a university should be to give access to knowledge for its own sake, regardless of whether the cours yoo IELTS Writing Task II
The company you work for introduced a work-from-home scheme. Write a letter to your manager asking for the work-from-home option. In your letter say-what part of your job can be done from home?-how many hours will you be able to work from home?-how will i IELTSuser sticky icon IELTS Writing Task I
The line graph below gives information about the number of visitors to three London museums between June and September 2013.Summarise the information by selecting and reporting the main features, and make comparisons where relevant. supbro119 IELTS Writing Task I
Some people think that it would be better for large companies and industry to move to regional areas outside large urban centres.Do you think the advantages outweigh the disadvantages? halevale0501 sticky icon IELTS Writing Task II
Some people believe that the government should pay for and offer housing to people who lost their homes or cannot afford them. To what extent do you agree or disagree? Give your own opinion. Use specific reasons and examples to support it. dmelen IELTS Writing Task II
Some students take one year off between finishing school and going to university, in order to travel or to work. Do you think the advantages outweigh the disadvantages? mayoiko IELTS Writing Task II
Some people believe that the government should pay for and offer housing to people who lost their home or cannot afford them. To what extent do you agree or disagree?Give your own opinion and give specific reasons and examples to support it. Emmanuel sticky icon IELTS Writing Task II

Some people think that it would be better for large companies and industry to move to regional areas outside large urban centres.Do you think the advantages outweigh the disadvantages? halevale0501 sticky icon IELTS Writing Task II
Some people believe that the government should pay for and offer housing to people who lost their home or cannot afford them. To what extent do you agree or disagree?Give your own opinion and give specific reasons and examples to support it. Emmanuel sticky icon IELTS Writing Task II
The table below shows the proportion of different categories of families living in poverty in Australia in 1999.Summarise the information by selecting and reporting the main features, and make comparisons where relevant. supbro119 sticky icon IELTS Writing Task I
The graph below presents the car sales by village in 2013. Summarise the information by selecting and report in the main features, and make comparisons where relevant. prakasha sticky icon IELTS Writing Task I
Improvements in health, education and trade are essential for the development of poorernations. However, the governments of richer nations should take more responsibility forhelping the poorer nations in such areas.To what extent do you agree or disagree jerrymuu sticky icon IELTS Writing Task II
Global water use by sectors. Brasil+Congo Emmanuel sticky icon IELTS Writing Task I
Some people think that a car is the best way to travel in cities while others believe a bicycle is a better way. Discuss both views and give your opinion. Justin sticky icon IELTS Writing Task II
The graph below shows the amount of money spent on books in Germany, France, Italy and Austria between 1995 and 2005.Write a report for a university lecturer describing the information below. supbro119 sticky icon IELTS Writing Task I
The graph below shows the proportion of the population aged 65 and over between 1940 and 2040 in three different countries. ali mirza qubla... sticky icon IELTS Writing Task I
The graph below shows female unemployment rates in each country of the United Kingdom in 2013 and 2014.Summarise the information by selecting and reporting the main features, and make comparisons where relevant. supbro119 sticky icon IELTS Writing Task I
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