IELTS Writing task 2: Credit card

 

Nowadays it is easy to apply for and be given a credit card. However, some people experience problems when they are not able to pay their debt back. In your opinion, do the advantages of credit cards outweigh the disadvantages?

    The use of credit cards has become increasingly common in modern society. While they offer clear financial benefits, they can also cause serious problems if misused. In my view, although credit cards have certain advantages, the disadvantages can be significant if individuals are not responsible with their use.

    There are obvious advantages to having a credit card. Firstly, credit cards provide convenience, allowing people to make purchases quickly without carrying large amounts of cash. They are particularly useful in emergencies when immediate funds are needed but not readily available. In addition, many credit cards offer rewards, such as cashback, discounts, or points for travel, which can provide financial benefits to careful users. Furthermore, using a credit card responsibly can help individuals build a positive credit history, making it easier to apply for loans or mortgages in the future. Thus, when used wisely, credit cards can be a valuable financial tool.

    Nevertheless, the disadvantages are considerable, particularly when users fail to manage their spending. Firstly, it is easy to lose track of purchases and spend more than one can afford, leading to unmanageable debt. High-interest rates and late payment fees can quickly turn small debts into overwhelming financial burdens. Moreover, the easy availability of credit cards means that even individuals with poor financial management skills can access credit, which increases the risk of personal bankruptcy. Therefore, while credit cards offer convenience, they also demand a high level of responsibility that not everyone possesses.

    In conclusion, although credit cards offer useful benefits such as convenience and financial rewards, I believe the disadvantages, especially the risk of debt, are serious. On balance, the drawbacks outweigh the advantages unless users are extremely careful.

(285 words)

Kien Pham (IELTS 8.0/ Thạc sĩ TESOL)