I know this might just reflect financial culture differences across countries, but let’s give it a try
Edit: as a clarification, I meant credit card compared to debit, not to cash
I know this might just reflect financial culture differences across countries, but let’s give it a try
Edit: as a clarification, I meant credit card compared to debit, not to cash
I never did, because in Europe people don’t need to build a credit score, and it is usually advised to only use money you have.
Anecdotal evidence, but the only people I know that use them have a tendency to overspend.
Where in Europe, if you don’t mind me asking?
I’m in the UK, and we have to build a credit score if we want to get a mortgage, a loan, or any sort of finance, unless it’s from somewhere predatory like a payday lender.
Spain. Interesting, I didn’t know you had credit scores in the UK