andrel wrote:
> Indeed that was also my understanding. Still called credit card and mine 
> is a mastercard issued by my bank.

It's probably a card that looks like a credit card to the routing network, 
but which the bank treats as withdraws.

>> A credit card here actually gives you money you don't have, just like 
>> getting a loan for a house.
> 
> For some reason that concept is not very popular here. There might be a 
> relation with that and the low number of personal bankruptcies.

Could be.  It's certainly possible to use it responsibly.  I'd have to look 
at the statistics to see why there are so many bankruptcies. (I've also 
heard that most bankruptcies at least until the last few years or so were 
caused by medical bills. That wouldn't surprise me, but I have nothing 
better than newspaper comments there anyway. For something like that, I'd 
want to go to the sources.)

-- 
   Darren New, San Diego CA, USA (PST)
   I ordered stamps from Zazzle that read "Place Stamp Here".

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