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eu webmasters: are there no real "credit cards" in europe?
i just heard that in order to get a credit card in europe, it needs to be tied into a bank account, and needs to be paid off in full by the end of the month (and if its not, the company debits your bank account for the amount), so its essentially a charge card where you cannot keep building the balance, not a credit card.
this compares to the US, where you can basically pay the min. balance each month and keep loading the card with charges until you reach the ceiling, and then the company may increase it anyway.
i think the answer to this is pretty relevant to some economic differences between european consumers and US consumers
is this true?
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