Why do random companies like Firestone Auto care offer credit cards?

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Today I saw them offering credit cards. Why do companies like this that have nothing to do with finance and where you probably only go once or twice a year offer credit cards?

In: Economics

7 Answers

Anonymous 0 Comments

Big companies have a lot of money. Money can be a resource to make more money. So those big companies that have a lot of money, lend people money in exchange for more money in the form of credit cards. You borrow some money from that big company to pay for things, and then pay that company back plus a little extra.

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