Credit card companies lending more - NBC12 - WWBT - Richmond, VA News On Your Side

Credit card companies lending more

Posted by Shawn Maclauchlan

RICHMOND, VA (WWBT) - Credit card companies are once again undertaking what some could call risky business.

They're offering accounts again to borrowers with less than perfect credit - something they were not doing as recently as six months ago.

But lenders are being more selective this time around.

They're looking beyond scores to other behaviors, like registering on a job website, to determine risk.

And the cards contain higher interest rates and annual fees.

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