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    Credit Cards

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    Helin Ortaç
    There are several advantages and disadvantages of using credit cards. The advantages include that it is safer than carrying cash, allows earning of points from transactions, and enables currency-independent purchases abroad. The disadvantages are credit card fraud risk, paying high interest rates if full debt is not paid, and damage to credit rating from delayed or ongoing payments.

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    Credit Cards

    Uploaded by

    Helin Ortaç
    23 views1 page
    There are several advantages and disadvantages of using credit cards. The advantages include that it is safer than carrying cash, allows earning of points from transactions, and enables currency-independent purchases abroad. The disadvantages are credit card fraud risk, paying high interest rates if full debt is not paid, and damage to credit rating from delayed or ongoing payments.

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    There are several advantages and disadvantages of using credit cards. The advantages include that it is safer than carrying cash, allows earning of points from transactions, and enables currency-independent purchases abroad. The disadvantages are credit card fraud risk, paying high interest rates if full debt is not paid, and damage to credit rating from delayed or ongoing payments.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views1 page

    Credit Cards

    Uploaded by

    Helin Ortaç
    There are several advantages and disadvantages of using credit cards. The advantages include that it is safer than carrying cash, allows earning of points from transactions, and enables currency-independent purchases abroad. The disadvantages are credit card fraud risk, paying high interest rates if full debt is not paid, and damage to credit rating from delayed or ongoing payments.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Write a paragraph supporting one of the opinions below.

    State your opinion in


    the topic sentence and then support it with several specific reasons or
    examples. Remember to organize your paragraph according to order of
    importance, and use signal words. When you are done with your first draft, use the
    Revising Checklist to improve your paragraph.

     Hotels (should or should not) allow pets.


     People turning sixty-five should have to retake the driver's test to keep their license.
     Television commercials have a bad effect on children.
     Single-sex (all-girl or all-boy) schools are a good idea.
     There are several (advantages or disadvantages) of using credit cards.
     Living in the country is better than living in the city. OR Living in the city is better than
    living in the country.
     Students should be required to spend a certain amount of time doing volunteer work in
    order to graduate.

    There are several advantages and disadvantages of using credit cards. The
    advantages of using credit cards;
    Firstly, it is safer than carrying cash. For example, if your money or wallet is lost,
    there is a high probability of losing the relevant amount. However, the credit card in the
    wallet is less likely to be used by someone else. Also, this risk can be reduced by quickly
    canceling the credit card. Secondly, allows you to earn points. For example, when a
    transaction is made from a credit card, a certain amount of these transactions is reflected
    on the credit card as points. Finally, currency-independent transactions can be made. For
    instance, in transactions made from abroad with a credit card, it is possible to make your
    purchases without any problems, regardless of the currency of the product.
    The disadvantages of using credit cards;
    Firstly credit card fraud. For example, credit cards are not a product used only at
    ATMs. It is also used in e-commerce transactions. This is why scams to obtain card
    information are very common. Secondly paying high-interest rates. If you do not pay your
    full-term debt, interest will be charged on your remaining debt. And finally, damage to
    your credit rating. Delayed credit card payments and ongoing debts are recorded in your
    credit file and may affect your chances of getting a loan later. If you are thinking about
    buying a credit card, it is important to consider the advantages and disadvantages they
    offer on your own terms.

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