Credit Cards: Friends or Enemies?
A recent survey has indicated that more and more people use credit cards nowadays and that the number of tragedies arising from bad debts has been surging over the past few years. Write an essay outlying the advantages and disadvantages of using credit cards, and at the end state your personal view. Give your essay a title.
Credit cards : friends or enemies?
When checking what you should put into your wallets before going to work, you won’t miss credit cards which are as vital as paper currency. Nowadays, credit cards are one of our daily necessities. Credit cards enable consumers to purchase commodities or services without having them make immediate payment. Yet what lay behind the pleasure associated with such a free purchasing pattern are a multitude of problems arising from bad debts.
Undeniably, credit cards enable consumers to enjoy more priced items and services which may help improve their living quality. A ‘quality living’, as perceived by many, ought not to be one comprising various commodities like smartphones, tablets, exquisite meals, clothes, and even travelling packages. But these sources of joyfulness carry a monetary value which is beyond people’s immediate paying capacity as they receive monthly salaries. Fortunately, there are credit cards enabling consumers to purchase what they long for without having to make immediate payment in cash. Instead, the payment is made monthly or is even divided and made in separate periods for installments. With these tiny cards, consumers can attain a quality life more easily.
Consumers are obsessed with credit cards not only due to this advantage. Credit cards bring forth ‘convenient consumption’. A recent TV commercial shows a scene with a man who held a visa card dancing in different nations around the globe. This illustrates a practical function of credit cards. People can shop across oceans and continents by credit cards, and can thus advert troubles and inconvenience encountered when exchanging
Credit cards : friends or enemies?
When checking what you should put into your wallets before going to work, you won’t miss credit cards which are as vital as paper currency. Nowadays, credit cards are one of our daily necessities. Credit cards enable consumers to purchase commodities or services without having them make immediate payment. Yet what lay behind the pleasure associated with such a free purchasing pattern are a multitude of problems arising from bad debts.
Undeniably, credit cards enable consumers to enjoy more priced items and services which may help improve their living quality. A ‘quality living’, as perceived by many, ought not to be one comprising various commodities like smartphones, tablets, exquisite meals, clothes, and even travelling packages. But these sources of joyfulness carry a monetary value which is beyond people’s immediate paying capacity as they receive monthly salaries. Fortunately, there are credit cards enabling consumers to purchase what they long for without having to make immediate payment in cash. Instead, the payment is made monthly or is even divided and made in separate periods for installments. With these tiny cards, consumers can attain a quality life more easily.
Consumers are obsessed with credit cards not only due to this advantage. Credit cards bring forth ‘convenient consumption’. A recent TV commercial shows a scene with a man who held a visa card dancing in different nations around the globe. This illustrates a practical function of credit cards. People can shop across oceans and continents by credit cards, and can thus advert troubles and inconvenience encountered when exchanging