Britons have most credit cards

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London, Feb 14 (UNI) Britons, it seems, believe the most in flexible payments for their purchase for they have twice as many credit cards as people in any other country in Western Europe.

The average Brit had 1.4 credit cards in their wallet by 2007 - twice that of second place Norway, where they have just 0.7 each, the Daily Mirror reported today.

Only one in every 16 cards in Germany is a credit card, says market analyst Datamonitor.

Britons owed 54.93 billion pounds on cards by the end of last year, according to Bank of England figures.

''UK consumers enjoy the flexibility of paying over a longer time,'' Report author Andrew Fabricius said.


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