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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Consumer Action Releases 2007 Credit Card Survey

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Fed Plans to Revise Credit Card Rules

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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

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