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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Online Resources Announces New Stored Value Gift Card Service

8 December 2006

MasterCard to Expand PayPass Deployment to Nationwide Rollout

8 December 2006

Credit Card Performance Still Strong; Charge-offs May Pick Up

8 December 2006

EU Warns of Need for More Credit Card Competition

8 December 2006

UK Overtakes U.S. for Personal Debt

8 December 2006

Closed MasterCard Hearing to Begin Today

8 December 2006

Sam's Club to Start Accepting MasterCard

8 December 2006

Massive Drop in Consumer Credit Reported for September

8 December 2006

Discover Cards Now Accepted in China

8 December 2006

MasterCard, Visa $336 million Exchange Settlement Gets OK

8 December 2006

Visa Barred from Joining MasterCard World Cup Sponsorship Suit

8 December 2006

First Data Announces Renewal of Contract with Wells Fargo

8 December 2006

MasterCard Cries Foul in Soccer Sponsorship Tussle

8 December 2006

Austin Ventures Recapitalizes CreditCards.com

8 December 2006

Visa, Morgan Stanley Settle Card Dispute; EU Continues Probe

8 December 2006

CompuCredit Reports Higher Third Quarter Earnings

8 December 2006

MasterCard Leads Nation's First Market Trial of Mobile Phones Enabled for Payment

8 December 2006

PIC Solutions Provides Risk Management Support to American Express

8 December 2006

MasterCard Third-Quarter Profit Surges on Consumer Purchases

8 December 2006

Citigroup Expands Presence in Central America through Acquisition

8 December 2006

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