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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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Chase Reports Higher Income, Revenues and Provision for Losses

17 October 2007

Citi?s US Card Group Sees Declines in Quarter

15 October 2007

Moody?s: August Charge Offs Rise but Cards Remain Strong

15 October 2007

Credit Card Spending Rise Supports TowerGroup Report

9 October 2007

Credit Card Spending Soars in August

9 October 2007

American Express CEO Wants More Information for Card Consumers

4 October 2007

Retail Federation Seeks Changes to PCI Rules

4 October 2007

Revolution Money AIMs to Combine Money Transfer, Credit, Debit and More

28 September 2007

RevolutionCard Could Shake Up Visa, MasterCard

27 September 2007

ABA Says Card Delinquencies See Little Change

26 September 2007

Discover Income Drops 16% During Another So-So Quarter

25 September 2007

Australian Credit Card Debt Hits Record High

21 September 2007

First Data Says Cuts will Save $150 million

17 September 2007

Cap One Cards Not Affected By Mortgage Crisis

14 September 2007

Visa Closer to IPO After SEC Ruling

14 September 2007

Target Confirms Card Portfolio on the Block

13 September 2007

Target Could Sell $7 Billion Card Portfolio: Report

12 September 2007

Consumer Borrowing Cools, But Credit Cards Remain Hot

11 September 2007

Discover Riding Out Subprime Problems: CEO

10 September 2007

Survey: Plastic Will Dominate Payments Landscape

7 September 2007

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