We have the same thing in Holland. It's also a thing where we consider responsible finance to be that one doesn't need loans, with the some exception of a mortg

We have the same thing in Holland. It's also a thing where we consider responsible finance to be that one doesn't need loans, with the some exception of a mortgage. Having tons of credit cards and 'shuffling' them like in the US is unthinkable here. Banks also don't require that you take out loans to get a good credit rating. Having none is even better.