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Why do credit card companies charge higher interest rates for some customers than others? The government forces credit card companies to charge high interest rates
Why do credit card companies charge higher interest rates for some customers than others?
The government forces credit card companies to charge high interest rates to everyone
Highinterest rates compensate companies for riskier lending to consumers that pay late or not at all.
Credit card companies are going bankrupt
All of the above
Credit card companies charge higher interest rates to lowerrisk individuals
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