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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Senate Committee to Start Examining Credit Card Industry

24 January 2007

Joint FBI-Mountie Investigation Busts Credit Card Telemarketing Scam

23 January 2007

TNB Purchased 21 Credit Union Card Portfolios in 2006

22 January 2007

Cyphermint Adds Credit and Debit Card Linking to Mobile Payment System

19 January 2007

Company Promises Identity Theft Protection

19 January 2007

T.J. Maxx, Marshalls Customers may have had Credit Data Exposed

19 January 2007

MasterCard Announces Two New Board Members

17 January 2007

New Report Links High Credit Card Debt to Medical Expenses

16 January 2007

First Data, Microsoft and HP Deliver POS Solution for Small Retailers

15 January 2007

Visa, Nokia Integrate Credit Cards Into Mobile Phones

12 January 2007

MasterCard Has Big Plans to Shed #2 Card Status

11 January 2007

AT&T and Citi Extend Agreement for Consumer Credit Cards

11 January 2007

Late Credit Card Payments Increased in Third Quarter

9 January 2007

Hospitals Turn to Credit Cards to Collect Unpaid Bills

9 January 2007

Consumer Credit Surges $12.3 billion in November

9 January 2007

Merchants Launch Ad Campaign Against Credit Card Companies

9 January 2007

Consumers Identify Credit Cards by Network, Not Bank

9 January 2007

TNB Overhauls Freedom First FCU Credit Card Program

8 January 2007

Visa Reports 2006 Holiday Shopping Milestones

5 January 2007

Discover Gets Into the Prepaid Debit Game

3 January 2007

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