In the current scenario, technology completely transformed our lives. In that context, some believe that having credit cards made our life easy, while another group of thinkers believe that it's a burden when a person cannot pay returns. However, both have its pros and cons. Therefore, before commenting on my decision, both the opinions would be discussed.
Examining the former opinion, the primary argument that supporters put forward is that credit cards are easily accessible. By this, I mean that nowadays every shop has a swiping machine by which everyone can make their payments through that effortlessly. In addition to that, they also believe that now people do not have to concern about the bills. As it has been seen that people in past eliminate essential things from their grocery due to the lack of money, but now they don't have to take tension about it. Since an individual can make high-end payment within a swipe.
On the contrary, later view suggests that sometimes it gets expensive. By this, I mean that people forgot to pay those bills in a limited period of time and as a result of this, they have to face some repercussions like 10percent increase in their payable amount or sometimes they seize their bank accounts. Although, I understand that it is a job, but they understand the sentiments of that person. In fact, they should give them a period of time of 2-3 days in order to reimburse that money.
In conclusion, I want to say that credit card comes with a lot of privileges and a person who is using it, must know his/her capability to pay it back.
In the
current
scenario, technology completely transformed our
lives
. In that context,
some
believe that having credit cards made our life easy, while another group of thinkers
believe
that it's a burden when a person cannot pay returns.
However
, both have its pros and cons.
Therefore
,
before
commenting on my decision, both the opinions would
be discussed
.
Examining the former opinion, the primary argument that supporters put forward is that credit cards are
easily
accessible. By this, I mean that nowadays every shop has a swiping machine by which everyone can
make
their payments through that
effortlessly
.
In addition
to that, they
also
believe that
now
people
do not
have to
concern about the bills. As it has been
seen
that
people
in past eliminate essential things from their grocery due to the lack of money,
but
now
they don't
have to
take tension about it.
Since
an individual can
make
high-
end
payment within a swipe.
On the contrary
, later view suggests that
sometimes
it
gets
expensive. By this, I mean that
people
forgot to pay those bills in a limited period of time and
as a result
of this, they
have to
face
some
repercussions like 10percent increase in their payable amount or
sometimes
they seize their bank accounts. Although, I understand that it is a job,
but
they understand the sentiments of that person. In fact, they should give them a period of time of 2-3 days in order to reimburse that money.
In conclusion
, I want to say that credit card
comes
with
a lot of
privileges and a person who is using it,
must
know his/her capability to pay it back.