Essay .... Pay As You Go Example | Topics and Well Written Essays - 750 words

.... Pay As You Go - Essay Example He supports the government legislation that credit card amounts given to college students should be limited. I think Estrada is right. Students at their tender age have a tendency to be impulsive buyers, therefore their credit card usage and access should be limited. However, in my opinion, credit card companies should not be the only ones that are to be blamed upon for causing these problems. However, as a whole, the students themselves, their parents and the legislators should also be held responsible for the same. As the disadvantages of using credit cards weigh more than its advantages, it should be used wisely without abuse. (Can you give some more details? Not required to expand the catchy introduction) Is it clearly state the thesis statement?) And did you clearly state these points in the body paragraph?) (Is the topic sentence here, connect to the body paragraph, and also clearly show in the Introduction-Yes up to a great extent) The ease and comfort of using credit cards is what lures the young and financially inexperienced students into debt. According to Estrada in his article, â€Å"Pay as You Go†, it is so easy for people to go into debt and that young people, particularly the students for example, can take out a loan of $3,000.00 to spend on a top-of-the-line laptop. Although they may need the computer, this is too much waste of money. Estrada further states that young people under the age of 21 are not responsible enough to borrow money, wisely. They do not realize that they have to pay this back at a certain time and if they are not able to do so, they will only end up one day with bad credit. They are too inexperienced to understand the long term financial consequences. This becomes a burden on them which I think, is true because, I can relate to this situation and m ay be for other students too. I remember that when I graduated from high school, I did not know anything about credit cards. When I received my first credit card, I bought