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In a cashless society, people use more credit cards, what are the positive and negative impact on life and work.

In a cashless society, people use more credit cards, what are the positive and negative impact on life and work. WyDNe

The effect of using credit card, which was always debatable, has now become more controversial. it can be strongly agreed upon to the fact that using credit card has some favourable arguments in favour of it, however, there has always been some contention about it. this essay will elaborate how using credit card has -ve impact and +ve impact, and thus will lead to a reasoned conclusion. At the outset, there are numerous reasons why credit card usage has some negative aspects, but the most alarming one lies in the fact, that it increases your debt and this can be a contributing factor to more debts. For instance, a research in this area invariably shows that 60 percentage of credit card users do not pay the bills on time. For this reason, negative impact of using credit card cannot be denied. Nevertheless, some people adopt an opposing view and tend to believe that using credit credit card has some positive facets as well, as there are innumerable facts in favour of that, but the most predominant one stems from the fact that, it can be handy when the bank balance is low, which is not only beneficial but also helpful. As an illustration, findings of some studies reveals that using credit card in a controlled manner can avoid the debt by 65 percentage. Therefore, importance of using credit cards is undeniable. From what has been discussed above, it can be concluded that the impact of using credit card is prominent, although the way it is used should be well handled.

The effect of using You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
, which was always debatable, has This phrase/word (depending on the context) can be potentially replaced with :nowadays
now
 become more controversial. This sentence does not start with an uppercase letterIt
it
 can be strongly
This phrase/word (depending on the context) can be potentially replaced with :acquiesced
agreed
 upon to the You use this word too often, consider replacing it withcasematterlawexperienceevidence
fact
 that using You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 has This phrase/word is too simple and can be replaced with:a number of
some
Possible spelling mistake. 'favourable' is British English.favorable
favourable
 arguments in Possible spelling mistake. 'favour' is British English.favor
favour
 of it, however
, there has always been This phrase/word is too simple and can be replaced with:a number of
some
 contention about it. this essay will elaborate how using You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 has -ve You use this word too often, consider replacing it withshockbrunt
impact
 and +ve You use this word too often, consider replacing it withshockbrunt
impact
, and thus
 will lead to a reasoned conclusion.

At the outset, there are numerous reasons why You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 usage has This phrase/word is too simple and can be replaced with:a number of
some
This phrase/word is too simple and can be replaced with:adverse
negative
 aspects, This phrase/word is too simple and can be replaced with:on the contrary
but
 the most alarming one lies in the You use this word too often, consider replacing it withcasematterlawexperienceevidence
fact
, that it increases your debt and this can be a contributing factor to more debts. For instance
, Uncountable nouns are usually not used with an indefinite article. Use simply "research".research
a research
 in this area invariably
This phrase/word (depending on the context) can be potentially replaced with :demonstratesportraysindicatesdisplays
shows
 that 60 percentage of You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 users do not pay the bills on time. For this reason
, This phrase/word is too simple and can be replaced with:adverse
negative
You use this word too often, consider replacing it withshockbrunt
impact
 of using You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 cannot be denied
.

Nevertheless
, This phrase/word is too simple and can be replaced with:a number of
some
This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
people
 adopt an opposing view and tend to believe that using You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 has This phrase/word is too simple and can be replaced with:a number of
some
This phrase/word is too simple and can be replaced with:beneficial
positive
 facets as well
, as there are innumerable facts in Possible spelling mistake. 'favour' is British English.favor
favour
 of that, This phrase/word is too simple and can be replaced with:on the contrary
but
 the most predominant one stems from the You use this word too often, consider replacing it withcasematterlawexperienceevidence
fact
 that, it can be handy when the bank balance is low, which is not This phrase/word (depending on the context) can be potentially replaced with :exclusively
only
 beneficial This phrase/word is too simple and can be replaced with:on the contrary
but
also
 helpful. As an illustration, findings of This phrase/word is too simple and can be replaced with:a number of
some
 studies reveals that using You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 in a controlled manner can avoid the debt by 65 percentage. Therefore
, importance of using You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
cards
 is undeniable.

From what has been discussed
 above, it can be concluded
 that the You use this word too often, consider replacing it withshockbrunt
impact
 of using You use this word too often, consider replacing it withattention
credit
You use this word too often, consider replacing it withsheetposterlabelprogramcalendarticket
card
 is prominent, although the way it is This phrase/word (depending on the context) can be potentially replaced with :exploited
used
 should be well handled. 