Charge Cards in Italy - New Report Available
In 2013 the number of charge cards in circulation decreased to 16.6 million, as those Italians which still chose to use such cards showed a preference for credit cards over charge cards (the so called "carte opzione"), which provide the option of paying the balance monthly, or having a revolving balance in order to finance their expenses over a longer period of time, as the economic and financial crisis strongly impacted Italians' available income. That said, credit cards in circulation...
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