In a cashless society, people use more credit cards. What are the advantages and disadvantages of this phenomenon?

Nowadays, people often use credit cards for payment. Although payment using a credit card is convenient, it has its disadvantages as well. This essay will further discuss both of the sides and then deduce a logical conclusion.

On one hand, a cashless society is good for the economy as the transactions made using a credit card are considered white. So the government will receive the tax on these purchases. Apart from these benefits, there are personal benefits too. People can shop online using a credit card, and the credit card companies also provide special offers and discounts to their cardholders. Other than that credit card can also be used to boro some money in case of an emergency.

On the other hand, whereas credit card has many advantages there are some disadvantages too. One of the common disadvantages is that the cardholder becomes the addictive of it and often failed to assess his expenses. This practice leads to debts and mental pressure.

After analyzing the above facts, I would like to recapitulate that Although the credit card is very beneficial, still one need to keep in mind that frequent usage of the credit card may lend them into a financial crisis.

Votes
Average: 6.1 (1 vote)
Essay Categories

Grammar and spelling errors:
Line 7, column 222, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... may lend them into a financial crisis.
^^^

Transition Words or Phrases used:
also, may, so, still, then, well, whereas, apart from, on the other hand

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 8.0 10.5418719212 76% => OK
Auxiliary verbs: 7.0 6.10837438424 115% => OK
Conjunction : 5.0 8.36945812808 60% => More conjunction wanted.
Relative clauses : 4.0 5.94088669951 67% => More relative clauses wanted.
Pronoun: 15.0 20.9802955665 71% => OK
Preposition: 21.0 31.9359605911 66% => OK
Nominalization: 3.0 5.75862068966 52% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.

Performance on vocabulary words:
No of characters: 995.0 1207.87684729 82% => OK
No of words: 201.0 242.827586207 83% => More content wanted.
Chars per words: 4.95024875622 5.00649968141 99% => OK
Fourth root words length: 3.76529505866 3.92707691288 96% => OK
Word Length SD: 2.65194197107 2.71678728327 98% => OK
Unique words: 123.0 139.433497537 88% => More unique words wanted.
Unique words percentage: 0.611940298507 0.580463131201 105% => OK
syllable_count: 317.7 379.143842365 84% => OK
avg_syllables_per_word: 1.6 1.57093596059 102% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 4.6157635468 87% => OK
Article: 1.0 1.56157635468 64% => OK
Subordination: 2.0 1.71428571429 117% => OK
Conjunction: 1.0 0.931034482759 107% => OK
Preposition: 4.0 3.65517241379 109% => OK

Performance on sentences:
How many sentences: 12.0 12.6551724138 95% => OK
Sentence length: 16.0 20.5024630542 78% => The Avg. Sentence Length is relatively short.
Sentence length SD: 46.2499249249 50.4703680194 92% => OK
Chars per sentence: 82.9166666667 104.977214359 79% => OK
Words per sentence: 16.75 20.9669160288 80% => OK
Discourse Markers: 6.0 7.25397266985 83% => OK
Paragraphs: 4.0 4.12807881773 97% => OK
Language errors: 1.0 5.33497536946 19% => OK
Sentences with positive sentiment : 7.0 6.9802955665 100% => OK
Sentences with negative sentiment : 2.0 2.75862068966 72% => OK
Sentences with neutral sentiment: 3.0 2.91625615764 103% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.236677061669 0.242375264174 98% => OK
Sentence topic coherence: 0.0908046018653 0.0925447433944 98% => OK
Sentence topic coherence SD: 0.0627395350093 0.071462118173 88% => OK
Paragraph topic coherence: 0.145105790488 0.151781067708 96% => OK
Paragraph topic coherence SD: 0.0555057742932 0.0609392437508 91% => OK

Essay readability:
automated_readability_index: 10.3 12.6369458128 82% => Automated_readability_index is low.
flesch_reading_ease: 55.24 53.1260098522 104% => OK
smog_index: 3.1 6.54236453202 47% => Smog_index is low.
flesch_kincaid_grade: 9.5 10.9458128079 87% => OK
coleman_liau_index: 11.13 11.5310837438 97% => OK
dale_chall_readability_score: 8.67 8.32886699507 104% => OK
difficult_words: 54.0 55.0591133005 98% => OK
linsear_write_formula: 6.5 9.94827586207 65% => OK
gunning_fog: 8.4 10.3980295567 81% => OK
text_standard: 10.0 10.5123152709 95% => OK
What are above readability scores?

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More content wanted.

Rates: 61.1111111111 out of 100
Scores by essay e-grader: 55.0 Out of 90
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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.