what is one way credit card companies make money?(1 point)

Question

Responses

By selling credit cards in stores
By selling credit cards in stores

By charging fees when customers don’t pay back borrowed money
By charging fees when customers don’t pay back borrowed money

By offering rewards points to customers
By offering rewards points to customers

By giving away free credit card machines

Answer 1

One way credit card companies make money is by charging fees when customers don’t pay back borrowed money.