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Lending companies have calculated that if you have no credit or low scores, that means you are a risk and probably won't be able to pay them back. So they don't offer cards as much to these people. People with large debt (but who still pay more or less on time and therefore have decent credit) are paying huge amounts of interests to the lending companies already. If you are a credit card company, you hope to load these people up with debt and more debt so they will pay lots of interest to you. Of course there is the danger that the debt will become too much, and then you've got problems.

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17y ago

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