Why do Americans get WAY better CC deals than us?

System

phillw wrote: »

If you need the money for cash flow to start a business or maintain it through a seasonal rough patch then it's good money management.

em, spending on a CC and not repaying in full in those above instance is not good money management I can assure you! :rotfl:

badmemory

If' as I believe, it is much more serious to land up with unrepayable debts in the US, then presumably the cc co don't end up writing off large amounts of interest & people paying it off at £1 a month. This alone would save them enough to be able to give better deals.