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> In Europe, banks don't like you taking out credit cards. Borrowing money is viewed as a weakness and it's best to never do it. Don't know about that, "Europe
by dukeyukey 3y ago
> In Europe, banks don't like you taking out credit cards. Borrowing money is viewed as a weakness and it's best to never do it.
Don't know about that, "Europe" is a big place. Credit cards are pretty common in the UK at least, and stuff like balance transfer cards (for shuffling) are too. Maybe not to American extents, but hardly a weakness.
In fact, looks like more people in Iceland, Norway and Switzerland own credit cards than the US: https://www.statista.com/statistics/675371/ownership-of-credit-cards-globally-by-country/ https://www.statista.com/statistics/675371/ownership-of-cred...
- wkat4242 3y agoWell the UK is a similar state to the US. I don't believe this about Switzerland though. They are a very typical people that abhors spending money you don't have. But I think they may be counting debit cards there.
- deleted 3y ago[deleted]