Why Do Credit Card Companies Typically Require Small Minimum Payment

Why do credit card companies typically require small minimum payment amounts on their customers' monthly credit card statements?

A) Credit card companies are concerned that their customers will be put in financial distress if required to make higher payments.
B) Credit card companies want to promote faster repayment, and customers will be encouraged to pay more each month if they're able to pay well beyond the minimum.
C) Credit card companies want to increase profits by promoting slower repayment, and actual customer payments will be anchored by the smaller payment requirements.
D) Credit card companies actually charge the highest minimum payment they are allowed by law to charge.

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