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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TransUnion Consumer Credit Risk Index Hits Record Level
9 July 2009
TDECU and TNB Card Services Create One-of-a-Kind Credit Card
6 July 2009
Upgraded Service To Condense Credit Card Debt
6 July 2009
Card Chargeoffs Accelerate, Break 10 Percent Barrier in May
2 July 2009
Research and Markets: UK Personal Lending 2009: UK Consumer Credit Market in 2008 and Future Outlook
30 June 2009
Bank of America and First Data Form Next-Generation Payment Solutions Company
29 June 2009
Small Business Confidence Rises as Cash Flow Issues Decline
29 June 2009
Online Resources Enables Online ATM/Debit Card Payments for Healthcare Providers
26 June 2009
Capital One Survey of High School Seniors Reveals Gender Gaps in Financial Literacy
24 June 2009
Visa, NeuStar Team to Propel Trusted Mobile Payments and Financial Services Globally
23 June 2009
Acxiom Launches Online Identity Card to Help Businesses and Consumers Connect Securely and Easily
19 June 2009
New Report Analyzes Future of Credit Card Industry
16 June 2009
ALI Solutions Reports Lower Charge-Offs and Delinquencies for Credit Card Client
16 June 2009
CreditCards.com: Weekly Credit Card Rate Report
12 June 2009
Survey Shows Reductions Continue in Credit Card Limits
11 June 2009
First Data and Wells Fargo Expand Relationship
9 June 2009
Accertify and RMS Partner to Reduce Credit Card Fraud and Chargebacks
8 June 2009
TransUnion.com 1Q09 Card Delinquency Rates Up 9 Percent from Previous Quarter
8 June 2009
U.S. Consumer Credit Plummets in April; Credit Cards Fall 11 percent
8 June 2009
Credit Card Companies Get a Lift After Legislation Passes
3 June 2009