Answer: -They make money from it, if everyone payed on time they would make nothing. Your answer is greedThey are helping you build your credit back up while they are making money off you.That is the way credit card companies make money.you have just answered the question. It is called interest.there's actually laws in the process to stop this kinda of thing. it actually should be criminal and many in law makers feel the same -Well, I wouldn't know cause no one will give me a credit card cause of my bad credit...LOL. I guess they are just giving the people a chace to fix their credit. And really, they have every right to get mad when they are not paid back. A credit card is something that has to be paid back whether theperson using has bad credit or not. I mean, that is just common sense. Everyone knows that, so if someoneknowingly uses a credit card and doesn't pay their bills, in a sense they are stealing from the company. -because they are giving people 'the benifit of the doubt' which in this case, people with bad credit, when they are offerd a credit card, knowing they have bad credit, about 80% of them take great care of it and don't use it as they did in the past, because this credit card is helping them. not all people spend beyond thier limits, plus, its a person with bad credit, the bank is not stupid. they have a 'cap' on the card. they will not let it go past thier limit. -Well, now since they have made it very hard to claim bankruptcy, the credit card companies know you are stuck between a rock and a hard place. Credit card companies love those who have claimed bankruptcy because they know they can not file again for so many years.