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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FIFA to Pay MasterCard $90 million in Settlement
21 June 2007
Chase Grabs New Credit Card Chief from AmEx
19 June 2007
Credit Card Disclosures Under Fed's Microscope
18 June 2007
MasterCard Announces Details of Class B Share Conversion Program
15 June 2007
Discover and First Data Team Up on Payroll Cards
11 June 2007
MasterCard Wins Injunction Against Visa Fees
11 June 2007
Lawmakers Scold Fed on Credit Card Fees, Rates
8 June 2007
Credit Card Use, Overall Consumer Credit Slows in April
8 June 2007
Charge-offs in Q1 Much Higher than Last Year
8 June 2007
Cardtronics to Acquire ATM Portfolio from 7-Eleven
6 June 2007
Hedge Fund Sells Large MasterCard Stake
6 June 2007
FICO Score Adjusts to Help with Credit Card Fraud
6 June 2007
PIC Solutions Presents Credit Risk Workshop at Visa
5 June 2007
UK Credit Boom Has Now Passed Its Peak
5 June 2007
Complexities of Card Acceptance Baffle Many Merchants
4 June 2007
Survey: 48% of Americans are Worried About Debt
4 June 2007
Morgan Stanley Sets Discover Card Spin-off for June 30
4 June 2007
Credit Card Debt: What Do Americans Really Owe?
1 June 2007
The Evolution of Smart Card Technology
31 May 2007
Sector-Specific Trends Impacting Credit Card ARM: Telecom
31 May 2007
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