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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JPMorgan Chase Drops Pursuit of Millions (Billions?) in Credit Card Debt – For Now
24 June 2011
S&P/Experian Credit Default Indices Show Decreases in Default Rates in May
22 June 2011
Consumer Economic Snapshot: Comparing Aprils
21 June 2011
Citi Credit Card Hack Larger than Initially Thought
16 June 2011
Citigroup Discloses Hack Attack on Credit Card Accounts
9 June 2011
Credit Card Debt Falls in April; March Also Revised Down
8 June 2011
Credit Card Delinquency Rate at Five-Year Low
6 June 2011
Aeox Acquisitions Ltd. Acquires Canadian MasterCard Portfolio from Wells Fargo
27 May 2011
European Written-off Debt Reaches $437 billion
23 May 2011
Credit Card Delinquencies Fall to Lowest Level in 15 years
23 May 2011
New Bank Credit Card Originations Rise More than 28 Percent
20 May 2011
Pay Attention to Changes in Hierarchy of Debt Payments
19 May 2011
POLL: Does Newt Gingrich Owe You an Explanation of His Debt?
19 May 2011
Credit Card Default Rates Show Uptick in April: S&P/Experian
18 May 2011
Credit Card Companies Want Your Kids. A Lot.
16 May 2011
Credit Card Debt Rises in March
9 May 2011
TransUnion: Consumer Credit Risk Improves at Best Rate Since 2008
6 May 2011
S&P/Experian Credit Default Indices Continue to Show Declining Default Rates
22 April 2011
Target Likely Headed to Class Action Lawsuit Over Debt Collection
21 April 2011
Kohl's, Capital One, and Chase: As if They Never Said Goodbye
12 April 2011