Credit Card Debt News RSS Feed

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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MBNA Canada to Acquire Credit Union Card Issuer

31 May 2007

UK Consumer Credit Market will Reach $453 billion in 2011

30 May 2007

Beyond Identity Theft - Credit Card Fraud Gets Smarter

30 May 2007

Consumer Action Releases 2007 Credit Card Survey

30 May 2007

Fair Isaac and TransUnion Enhance FICO Risk Score in Canada

29 May 2007

Fed Plans to Revise Credit Card Rules

24 May 2007

Sector-Specific Trends Impacting Credit Card ARM: Mortgage

22 May 2007

TNB Picks up 4,000 Card Accounts

21 May 2007

Alliance Data Agrees to be Acquired by The Blackstone Group for $7.8 billion

18 May 2007

Medical Debt Becomes Consumer Debt with Credit Offers

18 May 2007

Increased Charge-Off Rates Spur Increase in Kaulkin Ginsberg Index

16 May 2007

Senators Introduce Aggressive Credit Card Lender Legislation

16 May 2007

3M Launches World's First Truly Clear Credit Card

15 May 2007

Research: Most Consumers Feel Well-Informed by Credit Card Applications

15 May 2007

Executive Change: Visa Names Joseph Saunders Chairman and CEO

15 May 2007

EU Banks in Secret Talks to Launch Card to Compete with Mastercard, Visa

11 May 2007

Capital One Cuts 280 Credit Card Operation Jobs

11 May 2007

Discover Ranked #1 Site in Customer Experience for Credit Card Prospects

9 May 2007

UK to Trial PIN-less Credit Card Micropayment Program

9 May 2007

Consumer Credit Comes Correct in March; Largest Gain in 4 Months

8 May 2007

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