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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Participation for Small Business Card Study Will Conclude this Friday
10 February 2009
Salem VA Credit Union Moves $3.4 Million Card Portfolio to TNB Card Services
9 February 2009
U.S. Consumer Credit Falls Again in December; November Revised Lower
9 February 2009
Survival Tips to Weather the Economy for Bankcard/Credit Card Agencies
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2 February 2009
Debt Marketplace Launches Small Business Credit Card Survey
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Consumer Credit Counseling Service of Greater Atlanta Helps Record Number of People in 2008
20 January 2009
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13 January 2009
MasterCard Acquires Orbiscom to Accelerate Development of Payment Solutions
6 January 2009
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CompuCredit and its Collection Agency Settle FTC-FDIC Case for $114 million
22 December 2008
Regulators Approve New Credit Card Rules
18 December 2008
LifeLock Enters Into Agreement With Leading Credit Bureau
18 December 2008
Term Asset-Backed Securities Loan Facility (TALF) Likely to Have Only Marginal Success
18 December 2008
CreditReport.com Launches Three-Bureau Monitoring Service
17 December 2008
Capital One Card Charge-Offs Hit Nearly 7 Percent in November
16 December 2008
Fitch: U.S. Retail Credit Card Chargeoffs to Surge
15 December 2008
Chevy Chase Bank Deal Advances Capital One Diversification Strategy
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Credit Card Debt and Delinquencies Increase in Third Quarter: TransUnion
11 December 2008
Discover Financial Services Introduces Biodegradable Discover Card
10 December 2008