credit card offers bad credit

Why credit card companies offer credit cards for people with bad credit history?

They are those who Despret businesses? A friend of mine is in more than $ 7,234 dollars in debt, unpaid student loans and recently had to submit its balance sheet. However, These credit card companies will not surrender or leave. They are determined to continue providing credit, they see something special about him? I think you will find the hard way ..

Because they make more money out of them. Because they are more at risk of a client, they can charge higher interest rates. The person must pay in CC cd for a while will make a good profit in order. Over time the person will pay his cards, but often the company has already done enough of them were turning a profit.

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