The reason that most individuals are in debit is due to the overuse as well as irresponsible use of credit cards. Banks should not issue credit cards unless they are completely sure of an individual’s ability to pay back their debits.
To what extent do you agree with this?
In modern age, people prefer to use non-conventional payment methods such as internet banking, cards and other more. Even government also promote people to avoid cash payment and use cards & others method for financial transactions. It is believed that use of credit card cause individuals in debt situation. I shall explain the reason for this and measures, a bank may take while issuing a credit card
Use of credit card gives so many facilities to individual. First and foremost is the liberty to spend the money without even having it. It is generally seen that credit card holder tends to spend more money than non- credit card holder because money is made available in plastic card and does not restrict to use it. Furthermore, credit card company also provide long term credit facility which motivates consumer to buy without consideration and sometimes in emotions they buy the things which are not actually required at that point. For instance, my brother’s office is just 500 meter away and company ply the buses regularly but he bought the card using credit card and put the rationale that it is on easy credit and money to be paid later.
Such credit facilities make people reckless and they enter in debt cycle. In order to protect the bank money and people to go through stress of repayment, it is highly advisable to bank to put measures in place. The primary measure which can be taken is to check the people earning and expenditure trend as it gives the fair idea about people’s attitude towards use of money. Another important point to check is credit history of individual which may give right idea whether people make the return on time or not.
To conclude, use of credit cards certainly spiked the consumer buying and in some cases, people buy in irresponsible manner and do not pay on time or become bankrupt in few cases. Bank should take above given precautions while issuing credit cards.
Grammar and spelling errors:
Line 2, column 588, Rule ID: CD_NN[1]
Message: Possible agreement error. The noun 'meter' seems to be countable, so consider using: 'meters'.
Suggestion: meters
...e, my brother's office is just 500 meter away and company ply the buses regularl...
^^^^^
Transition Words or Phrases used:
actually, also, but, first, furthermore, may, so, while, for instance, such as, in some cases
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 12.0 13.1623246493 91% => OK
Auxiliary verbs: 5.0 7.85571142285 64% => OK
Conjunction : 17.0 10.4138276553 163% => OK
Relative clauses : 8.0 7.30460921844 110% => OK
Pronoun: 17.0 24.0651302605 71% => OK
Preposition: 40.0 41.998997996 95% => OK
Nominalization: 7.0 8.3376753507 84% => OK
Performance on vocabulary words:
No of characters: 1600.0 1615.20841683 99% => OK
No of words: 329.0 315.596192385 104% => OK
Chars per words: 4.8632218845 5.12529762239 95% => OK
Fourth root words length: 4.25891501996 4.20363070211 101% => OK
Word Length SD: 2.55829373808 2.80592935109 91% => OK
Unique words: 183.0 176.041082164 104% => OK
Unique words percentage: 0.55623100304 0.561755894193 99% => OK
syllable_count: 507.6 506.74238477 100% => OK
avg_syllables_per_word: 1.5 1.60771543086 93% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 5.43587174349 92% => OK
Interrogative: 0.0 0.384769539078 0% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 0.0 2.10420841683 0% => More adverbial clause wanted.
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 23.0 20.2975951904 113% => OK
Sentence length SD: 49.7574217621 49.4020404114 101% => OK
Chars per sentence: 114.285714286 106.682146367 107% => OK
Words per sentence: 23.5 20.7667163134 113% => OK
Discourse Markers: 6.64285714286 7.06120827912 94% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 10.0 8.67935871743 115% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.2709449851 0.244688304435 111% => OK
Sentence topic coherence: 0.104946947146 0.084324248473 124% => OK
Sentence topic coherence SD: 0.0664697877965 0.0667982634062 100% => OK
Paragraph topic coherence: 0.172956342286 0.151304729494 114% => OK
Paragraph topic coherence SD: 0.0423970119394 0.056905535591 75% => OK
Essay readability:
automated_readability_index: 13.2 13.0946893788 101% => OK
flesch_reading_ease: 56.59 50.2224549098 113% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 11.1 11.3001002004 98% => OK
coleman_liau_index: 11.2 12.4159519038 90% => OK
dale_chall_readability_score: 7.99 8.58950901804 93% => OK
difficult_words: 67.0 78.4519038076 85% => OK
linsear_write_formula: 8.0 9.78957915832 82% => OK
gunning_fog: 11.2 10.1190380762 111% => OK
text_standard: 8.0 10.7795591182 74% => OK
What are above readability scores?
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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.