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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Big Gains in Consumer Credit in February; Credit Cards Still Fall
11 April 2011
Capital One Wins Kohl's Credit Card Business from Chase
11 April 2011
Consumers Continue Paying Credit Cards Before Mortgages
29 March 2011
Conservative Filmmaker Begging for Help to Pay Off Credit Cards
24 March 2011
Owe Mom Money? Pay Her with a Credit Card
21 March 2011
S&P/Experian Credit Default Indices Show Drop in First Mortgage, Credit Card Defaults
16 March 2011
Credit Card Debt Takes a Step Back in January
8 March 2011
DRI - The Voice of the Defense Bar Files Amicus Brief Urging Supreme Court Review of Credit Card Lawsuit
25 February 2011
Are Credit Card Asset-Backed Securities Still a Bankable Investment?
24 February 2011
Credit Card Delinquencies Fall by More Than 32 Percent Compared to Same Time Last Year
23 February 2011
Credit Card Debt Increases for First Time Since 2008
8 February 2011
Equifax: Americans Still Owe Billions in Credit Card Debts
25 January 2011
Consumer Lending Expected to Rebound in 2011: Analysts
21 January 2011
Credit Card Charge-Offs and Delinquencies Fall Again
19 January 2011
Target Eyeing $6.7 billion Credit Card Portfolio Sale
14 January 2011
Consumer Credit Grows in November; Credit Cards Fall Again
11 January 2011
S&P/Experian Indices Show Rise in Mortgage Defaults
22 December 2010
ARM Liquidation Improves for First Time in Three Years
13 December 2010
Consumer Credit Expands in October, But Credit Cards Fall Again
8 December 2010
FTC Shuts Down Robocallers Who Falsely Promised to Lower Credit Card Interest Rates
8 December 2010