Comment by kube-system
3 years ago
In the US, where credit cards are notably popular, 70-72% of people have a credit card. In other countries, it is less than this.
3 years ago
In the US, where credit cards are notably popular, 70-72% of people have a credit card. In other countries, it is less than this.
Even if you don't have a credit card you may have a mortgage, or a car loan, or a business loan, or...
To have none of those things in the US you must be either very rich, very poor, or dependent on someone else who does.
Many people rent and buy cars with money they have saved. Some others, use public transportation. While many middle-class people take advantage of credit, it is not a requirement to participate in modern society. It is optional, in any normal sense of the word. Search "debt-free lifestyle" and you'll find blogs of many who advocate for living this way.