how many credit cards do you have now?
By superstef
@superstef (64)
China
September 10, 2008 9:54am CST
how many credit cards do you have now? In china, some people just have lots of credit cards while others have none. People can have serveral cards that are issued by same banks, but they share the same lines of credit that means if you make full use of the credit of one card you can't use another either. At the same time, the central bank of china allows that the highest line of credit for one bank is RMB50000,about $7308. People can use several times to avoid paying the annual fee. How about these in your country? How many cards do people have in average? How much is the highest lines of credit and how to pay the annual fee if you have to pay? I am very pleasure to see your answers and thanks for the participating.
1 person likes this
2 responses
@richiem (3644)
• Philippines
12 Sep 08
I don't have any credit cards. I actually hate seeing them after hearing those horrible stories of people who are in deep debt because of credit cards.
Have a nice day! 
@superstef (64)
• China
12 Sep 08
hehe. credit card is not so terrible as some poeple says. It can help you in the emerency when you are out of cash. The good thing is you don't have to pay the interest for some time after you deal. It can help you through the difficulties and have some liquidity.
