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The US is abnormally obsessed about credit and creditworthiness. In most nations the debt to income ratio for these things is also much stricter than in the US
by ticviking 5y ago
The US is abnormally obsessed about credit and creditworthiness.
In most nations the debt to income ratio for these things is also much stricter than in the USA, since they don't expect everyone to have 10k in credit card debt and 50k in student loans.
- frockington1 5y agoIts amazingly easy to not have those debts, and most people I run into do not. The problem is the people who do are very vocal about it and it's impossible to inform them that they may be spending more than they can afford
- klyrs 5y agoConsumerism. You wouldn't believe the crap, and the volume of the crap, that Americans buy. Saying that completely red-handedly.