Borrowing with a credit card not loved in the Netherlands | Loans

Dutch and Germans are the Europeans with the least credit card debts. According to research from Good Finance.

In both countries, only 5% of citizens have taken out a loan with a credit card. The European average is considerably higher: 18%.

That average is certainly raised by the British


More than a quarter of them have a credit card debt, according to Good Finance.

Outside Europe, however, they are trumped by the Australians (30%) and, you guessed it, the Americans. 40% of Trump’s nationals must pay off on a credit card.

In Europe, the Romanians score as high as the British (27%). Also many credit card debts have the Poles (18%), Spaniards (17%) and Belgians (14%). Czechs and Italians are mid-range drivers with 13% and 10% respectively.

Prefer to be red


Does this mean that Dutch people do not like to borrow money? No of course not. It is known that our people are champions in taking out a mortgage debt.

But apart from financing the owner-occupied home, the Dutch clearly prefer to borrow their money in a different way than with a credit card. More than one in seven countrymen (13%) has a personal loan. However, that is also 10% lower than the European average.

We score very high with a red mark compared to other Europeans. Another one in seven Dutch people does that – as much as the British do in this case. Only the French and Austrians are more often in the minus on the payment account.

Furthermore, 7% of the Dutch have a study debt. 6% have borrowed money from friends or family and only 1% have not yet fully paid for a product from a mail order company.

Average loan amount


Earlier this month, the National Lending Survey by Good Finance showed that Dutch people – outside the mortgage – borrowed just under 15,000 euros on average. The most popular loan goal is to transfer another loan, followed by the car and the renovation.

People in their thirties borrow the most, pensioners the least.