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| ▲ | gmac a day ago | parent | next [-] |
| In the UK, having a credit card is an overwhelmingly good move even if you never use the facility for credit. You can set up a direct debit to pay it off in full every month, making it effectively a debit card, but you get what are known as Section 75 protections on all purchases. So if you’re buying online and the firm goes bust (or you for any other reason don’t receive your goods), the credit card firm has to compensate you in full. For this reason I always make larger online purchases on credit card. |
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| ▲ | nine_k a day ago | parent | prev | next [-] |
| For many, obtaining a credit card just for the purposes of age verification, and not using it for shopping, feels easier than giving away their legal identifying information to a random third party. In the US you're usually inundated with offers to open a credit card (often pre-approved) right in your mailbox. Even if you're a poor recent immigrant, or something. |
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| ▲ | dmantis a day ago | parent | next [-] | | Probably, but making a non-used CC just for using your own phone sound a bit weird, don't you think? And I don't criticize US way of living here, but Apple is an international company and could do better adjusting to local cultural habits. But maybe they just punish people for this stupid law in the first place which is totally understandable. | |
| ▲ | bandrami a day ago | parent | prev [-] | | Is the credit card issuer not a random third party? | | |
| ▲ | nine_k a day ago | parent [-] | | Banks are subject to much more scrutiny (regulations, audits) than a random company. Or maybe even a highly established company which you'd rather not give your identity to, something like Pornhub. |
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| ▲ | zeroonetwothree a day ago | parent | prev | next [-] |
| 20% of Americans don’t have a credit card |
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| ▲ | MrDrMcCoy a day ago | parent | prev | next [-] |
| You must live in an especially civilized place to be able to get by without a credit score. I wish I could close all my cards, but doing so would harm the score since card count and age are part of it. |
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| ▲ | aeyes a day ago | parent | prev [-] |
| Credit cards are a sign of poverty? Now that's a hot take. I feel in Europe having a credit card means the complete opposite, only "rich" people have credit cards. I have a credit card, I use it, I pay it off every month. Why am I seen as poor just because I have a credit card? It's just a tool.
It spares me from needing to maintain a 10000$ emergency fund in my checking account. |
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| ▲ | dmantis a day ago | parent [-] | | And in post-soviet countries you blink and you owe 15+% interest. I know many people who couldn't meet basic needs and pay a never-ending percentage. Or forgot to close the debt and lost more than ever gained from this tool in one payment. So people who can pay from their pocket just pay from it instead of endlessly tracking the grace period and counting the money. I don't imply that's the same everywhere. Also probably depends on a local regulation and interest rates. Also people here don't generally like to owe to somebody, that feels insecure. |
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