Why do banks continue to make credit card loans even though credit card default rates are often at least twice as high as other loan types?

Name: Why do banks continue to make credit card loans even though credit card default rates are often at least twice as high as other loan types?
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The Answer of Why do banks continue to make credit card loans even though credit card default rates are often at least twice as high as other loan types?

Why Do Banks Continue to Make Credit Card Loans Even