Of course there are credit cards in America. Moreover, many Americans only use credit cards for their daily payments, and rarely use cash or Alipay. Moreover, American credit cards do not need to enter a password, and they are all directly signed.
What credit card do you use in America?
Generally speaking, in the United States, four credit card companies (Visa, MasterCard, Amex, Discover) can have cards, and it is best to have one. Visa and mastercard stores generally accept that American Express card can extend the warranty period. discover has many good online transactions, and there is no international transaction fee.
VISA, MasterCard, JCB and American Express are all international credit card organizations, among which VISA has the widest coverage, and the special merchants are mainly concentrated in North America, Asia Pacific and other regions; MasterCard's special merchants are mainly concentrated in Europe, Southeast Asia and other regions; JCB- Japan Credit Card Co., Ltd., the special merchants are mainly concentrated in Japan; American Express has issued American Express cards in 49 currencies in 68 countries and regions, and has more than 60 million high-quality cardholders worldwide. After the application is successful, the basic functions of the card are the same, and different credit card quotas, special merchants and promotional activities abroad are different.
If you want to live in America and apply for an American credit card, what are the common credit cards in America?
Visa, Master, AmericanExpress, Discover and so on, the first two are more, it is more difficult to apply for the first time, and it is easy to apply for more after getting one. The amount depends on your credit history and property (deposits, real estate, etc. It is not easy for newcomers to the United States to get a higher amount.
How many banks does the average American use?
The average person in the United States uses three banks. According to relevant data, there are 32 bank outlets for every100000 people in the United States, and every American has 3 credit cards on average.
American credit card crisis: 50 million people's credit card accounts have been closed or the quota has been reduced.
According to a comprehensive report by CBS and CNN, in the past 30 days, a quarter of Americans, about 50 million people's credit cards have been reduced, and many credit card accounts have even been closed.
Sending umbrellas in sunny days and collecting umbrellas in rainy days has always been the golden rule of lending institutions. When people are short of cash flow due to unemployment, 4 million people have lost their houses, and more than 654.38+million people can't afford the rent, expecting to use credit cards to tide over the difficulties, American credit card institutions have tightened their lending quotas.
According to the data of the Federal Reserve, the total credit card debt in China is about $65,438 +0. 1 trillion, which has been growing steadily since 20 15 years.
Americans are a country supported by credit cards. The average American resident has two credit cards, and almost all life needs such as shopping, water and electricity, catering and tourism can be realized by credit cards.
Unfortunately, many Americans use credit cards to buy cars, houses or other valuable goods in installments, and they only pay the minimum monthly repayment.
In other words, Americans' consumption is overdrawn and ahead of schedule. They have little cash in hand and live on so-called credit and loans.
Once their credit card limit is limited or their account number is closed, it will have an irreparable impact on the credit of ordinary Americans, which may break the cash flow of ordinary Americans and affect their daily consumption such as food, clothing, housing and transportation. Their default is more likely to lead to a credit card debt crisis similar to the subprime mortgage crisis in 2008.
Jill Schlesinger, a senior business analyst at CBS, said: In fact, before COVID-19, the number of people who defaulted on credit card payments reached the highest level in seven years, and many credit card accounts could not pay in full for a long time. "
Schultz added: At present, there is no clear statistics on how much credit card limit will be reduced, but it can be estimated that each credit card will be reduced by several thousand dollars.
The news that 50 million people's credit cards were cut shocked the whole country. This is similar to the fact that there are 350 million people in China, and the mortgage amount is directly reduced or cancelled.
Let's start with how many credit cards there are in America.