A credit card receivable is money owed to a bank or issuer on the outstanding balance in a credit card account. Because the borrower is contractually obligated to pay the balance, the creditor expects this amount to be repaid. If a borrower does not repay the balance, it is often charged off as a loss. Since credit card usage is so widespread, and account balances can soar quite high, credit card receivables form the backbone of many financial services functions, such as asset-backed securities, debt collection, and debt buying.
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Large Banks Report Increase in Credit Card Delinquencies
23 October 2011
S&P/Experian Credit Default Indices September Sees Increases in all Credit Line Default Rates Except Autos
21 October 2011
Are Consumers Paying Down Their Credit Cards?
21 October 2011
Student Loan Debt Actually Will Top One Trillion. As in Dollars.
20 October 2011
That's Not a Miracle, That's an Overdraft
19 October 2011
Protester Believes He Was Thwarted By Judge in Arbitration Talks with Collection Agency
19 October 2011
Credit Card Debt Falls Again in August to New Low
10 October 2011
Banks' Return to Card Marketing Good News for ARM Industry
10 October 2011
It is Time to Pay Attention to CFPB Developments and Credit Cards
6 October 2011
Continued Evolution of Credit Card Risk and Market Trends
5 October 2011
New Case Study: Reducing Credit Card Delinquencies
5 October 2011
Consumer Delinquencies Rise in Q2 2011; Credit Cards Decline
5 October 2011
Rays of Light Shining on the Credit Card Sector
4 October 2011
Limiting Common Sense Communication One Credit Card Contract at a Time
4 October 2011
insideARM Launches Debt Settlement Survey, Giveaway
3 October 2011
Debt Settlement Companies in the Credit Card Vertical
3 October 2011
How Low Can Credit Card Chargeoffs Go?
30 September 2011
Credit Card Collectors on the Front Lines of Consumer Litigation
29 September 2011
Subprime Lending and the Credit Card Market
28 September 2011
Dusting Off the Credit Cards - A Sign of Recovery?
28 September 2011