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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Arbitration Firms Back Away from Business While a Credit Card Debt Resource Center Steps In
21 August 2009
TransUnion.com: Mortgage Loan Delinquency Rates Rise - But Pace Is Slowing
17 August 2009
TowerGroup: Lender Angst and Consumer Frugality Drive Debit Card Transactions Over Credit Card
13 August 2009
Fitch Rates World Financial Network Credit Card Master Note Trust, Series 2009-C
13 August 2009
The Corporate Whistleblower Center Wants To Hear From Credit Card Holders In California
10 August 2009
Persolvo Data Systems Forms Strategic Advisory Board
7 August 2009
Credit Card Industry Initiative a Disservice to Financially Strapped Consumers
7 August 2009
New Consumer Research Examines Credit Card Usage and Future Impact on the Credit Card Industry
5 August 2009
TSYS Receives Positive Rating Multiregional Card Management Software MarketScope
5 August 2009
Discover U.S. Spending MonitorSM Falls for Second Consecutive Month as More Consumers Grow Concerned about the Economy and Their Finances
5 August 2009
More Credit Card Offers being Mailed to US Households, says Synovate Mail Monitor
4 August 2009
TNB Card Services Extends Agreement with First Data
3 August 2009
GE Money Extends Consumer Credit Card Program Partnership with Walmart
31 July 2009
High Credit Card Default Rates--A Big Factor in APR and Fee Hikes
22 July 2009
CreditCards.com: Weekly Credit Card Rate Report
17 July 2009
Credit Card Business Model Tested in Current Downturn
15 July 2009
Credit Cards with Annual Fees Will Be Widespread by End of 2010, Says Auriemma Consulting Group
14 July 2009
Fitch Rates Discover's Debt Issuance 'BBB'; Outlook Negative
13 July 2009
Operators of Credit Card Rate Reduction Scam Are Banned From Telemarketing: FTC
10 July 2009
CreditCards.com: Weekly Credit Card Rate Report
10 July 2009