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Text from ev9eniy - English

  • Mini Essay: Pros and Cons of the Borrowed Money.

  • Nowadays, some people can easily take a credit card from a bank for their needs.
  • However, sometimes they have problems to pay back.
  • I am going to discuss benefits and negative sides of credit money.
  • The most important advantage in using bank’s money is be able to make dreams come true.
  • From time to time some people are dreaming about having luxury things and visiting new places.
  • These can be a car which helps them to commuting with comfort and faster than by public transport, and for locations these can be a vocation on a beautiful island.
  • So the borrowed money gives the ability to have some things which people dream of right now without saving money for a long time.
  • However, we have to pay for all things in our life.
  • So for the “fast money” people have to pay percent for using it.
  • Therefore all things which were bought by this money cost higher in the long term.
  • Other disadvantage of the credit is economic risks.
  • For example, if a recession will hit, person who takes a credit would lose his or her job.
  • As a result they cannot afford to pay back for their debt, so they can lose what was bought or even more with losing their possessions.
  • In conclusion, credit money helps people to feel happier, but in the same time it can be the most stressful experience in their lives.
  • Therefore people have to consider on risks if they want to borrow money.

PLEASE, HELP TO CORRECT EACH SENTENCE! - English