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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Final Changes Restricting Credit Cards will have Lingering Impact on ARM
23 August 2010
Experian Provides Insight into Credit Card Trends of the Top 20 Major Metro Areas
10 August 2010
Consumer Credit Card Debt Contraction Continued in June
10 August 2010
FTC Issues Final Rule to Protect Consumers in Credit Card Debt
30 July 2010
Credit Card Delinquencies and Charge-offs Dip in June
30 July 2010
insideARM.com Appoints Forward Thinking Editorial Board
28 July 2010
China?s Top Credit Card Issuer Chooses Collection Management Tool from ALI Solutions
22 July 2010
S&P/Experian Index Confirms Declining Trend of Default Rates
21 July 2010
Credit Card Debt Falls for 20th Consecutive Month, Down 10.5% in May
9 July 2010
Bank Card Delinquencies Fall to Lowest Level in Eight Years: ABA
7 July 2010
Fitch: Delinquencies Hit 17-Month Low for U.S. Credit Card ABS
1 July 2010
Citi Sells Canadian MasterCard Business
15 June 2010
Executive Change: Joseph Cowan Named President and CEO of Online Resources
15 June 2010
Central Credit Services Achieves PCI DSS Compliance
9 June 2010
No Turnaround in Sight: Credit Card Debt Falls 12 percent in April
8 June 2010
First Quarter Credit Card Charge-offs Increase, Delinquencies Decline: Fed
8 June 2010
At FTC?s Request, Court Stops Deceptive Telemarketing Calls Pitching Credit Card Interest Rate Reduction
21 May 2010
B of A Leading Major Card Issuers in Delinquencies and Charge-Offs in April
21 May 2010
Debt Buyers Experiencing Bumpy Ride on Prices
20 May 2010
Consumer Credit Defaults in Autos and Mortgages Drop; Defaults in Bank Cards Accelerate
19 May 2010