It has become very common for people to borrow money Maby people have credit card a mortgage and often they buy a car on credit card as well Is this a good idea or this is too risky Discuss both views abd give your own opinion

There is no doubt that borrowing money has become trend with each passing days because of ultramodern technology it offers credit card facilities. Cars not only be bought on a credit and also take on mortgage. While cars lend on credit is convenient, I would argue that its too risky in the contemporary era.

Taking a car on credit based provides numerous benefits to the consumer, first and foremost, if a person lends a car with the help of credit card, he/she would reduce the economic burden on their shoulders. Since payments can be paid in installments which make convenient lifestyle.To cite an example, a person can buy car 1,00,000 rupees and paid monthly installments 10,000 RS in order to mitigate financial stress. Moreover, some people doing small jobs which not offer huge amount of money therefore, they can use the method of mortgage system to take car in this method public can give their ornaments for mortgage and do not pay interest on this cars owning.

On the other hand, every coin has two sides so that it also brings some drawbacks firstly, interest rate of the credit cards can be much higher as a result, amount which is payable take a long time and disturbed the budget. Last but not least, prefer mortgage do not always successful because they are not sure of business success, which leads to loans and borrowed extra money. For instance, my friend bought new car for traveler agency but he failed to give interest due to over expensive of credit card.

In conclusion, given aforementioned information it is abundantly clear that although using credits has benefits to the customers, i argue that it leads to various problems to the users so that it needless to say that is like double edge sword.

Votes
Average: 4.7 (2 votes)

Grammar and spelling errors:
Line 1, column 87, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ome trend with each passing days because of ultramodern technology it offers cred...
^^
Line 3, column 208, Rule ID: SENTENCE_FRAGMENT[1]
Message: “Since” at the beginning of a sentence requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
...the economic burden on their shoulders. Since payments can be paid in installments wh...
^^^^^
Line 3, column 283, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: To
...llments which make convenient lifestyle.To cite an example, a person can buy car 1...
^^
Line 3, column 607, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...s method public can give their ornaments for mortgage and do not pay interest on ...
^^
Line 7, column 85, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ion it is abundantly clear that although using credits has benefits to the custom...
^^
Line 7, column 132, Rule ID: I_LOWERCASE[2]
Message: Did you mean 'I'?
Suggestion: I
... credits has benefits to the customers, i argue that it leads to various problems...
^

Transition Words or Phrases used:
also, but, first, firstly, if, moreover, so, therefore, while, for instance, in conclusion, no doubt, as a result, on the other hand

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

Performance on Part of Speech:
To be verbs : 9.0 13.1623246493 68% => OK
Auxiliary verbs: 7.0 7.85571142285 89% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 11.0 7.30460921844 151% => OK
Pronoun: 25.0 24.0651302605 104% => OK
Preposition: 35.0 41.998997996 83% => OK
Nominalization: 2.0 8.3376753507 24% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.

Performance on vocabulary words:
No of characters: 1438.0 1615.20841683 89% => OK
No of words: 299.0 315.596192385 95% => More content wanted.
Chars per words: 4.80936454849 5.12529762239 94% => OK
Fourth root words length: 4.1583189471 4.20363070211 99% => OK
Word Length SD: 2.55316507822 2.80592935109 91% => OK
Unique words: 181.0 176.041082164 103% => OK
Unique words percentage: 0.605351170569 0.561755894193 108% => OK
syllable_count: 441.0 506.74238477 87% => 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
Article: 1.0 2.52805611222 40% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 4.0 4.76152304609 84% => OK

Performance on sentences:
How many sentences: 10.0 16.0721442886 62% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 29.0 20.2975951904 143% => The Avg. Sentence Length is relatively long.
Sentence length SD: 60.4645350598 49.4020404114 122% => OK
Chars per sentence: 143.8 106.682146367 135% => OK
Words per sentence: 29.9 20.7667163134 144% => OK
Discourse Markers: 13.2 7.06120827912 187% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 6.0 5.01903807615 120% => OK
Sentences with positive sentiment : 5.0 8.67935871743 58% => More positive sentences wanted.
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 0.0 3.4128256513 0% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.277122300694 0.244688304435 113% => OK
Sentence topic coherence: 0.105862894541 0.084324248473 126% => OK
Sentence topic coherence SD: 0.053819481714 0.0667982634062 81% => OK
Paragraph topic coherence: 0.152571643749 0.151304729494 101% => OK
Paragraph topic coherence SD: 0.0708173307499 0.056905535591 124% => OK

Essay readability:
automated_readability_index: 16.2 13.0946893788 124% => OK
flesch_reading_ease: 50.5 50.2224549098 101% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 13.4 11.3001002004 119% => OK
coleman_liau_index: 11.21 12.4159519038 90% => OK
dale_chall_readability_score: 8.82 8.58950901804 103% => OK
difficult_words: 71.0 78.4519038076 91% => OK
linsear_write_formula: 11.0 9.78957915832 112% => OK
gunning_fog: 13.6 10.1190380762 134% => OK
text_standard: 14.0 10.7795591182 130% => OK
What are above readability scores?

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Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 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.