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As the lecture indicates, high interest rates, such as 20% to 25%, may lead the buyer to bankruptcy if he or she has no money to pay. In contrast, the lecture points out that the buyer is no longer protected when he or she has to pay interest at the end of the month. It emphasizes that this way of payment may protect a buyer when the original receipt is lost or stolen. The reading passage also mentions a third advantage of paying with credit cards. Therefore, this irresponsible act may cost the buyer to be denied when applying for a house or a car. On the other hand, the listening passage refutes this point in that a damaged credit history may be developed because of late payments. The second point the reading passage considers as an advantage is the development of a credit line, which will allow the buyer to get loans, rental applications, or even jobs. Conversely, the lecture opposes this idea in that, while a person believes that the payment is easy, he or she doesn´t realize at that moment that the payment will cost more because of the interest the company will charge for borrowing the money. In addition, the reading passage asserts that many companies just accept credit cards as a way of payment. The first point discussed in the reading passage is that credit cards offer an easier way of paying things since the buyer doesn´t need to carry a large amount of money in his or her pocket. However, the listening passage analyzes the disadvantages of paying with credit cards. The reading passage discusses the advantages of credit cards, such as making the purchase easier, having a credit history, and getting protection. The topic of the reading passage is the use of credit cards as a way of payment. View reading and listening script Model Essay for Task 1: 337 Words This writing sample is based on the following video: