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.

See all Topics

MasterCard Wins 2006 Company of the Year Award for Contactless Payment

8 December 2006

Wal-Mart, GE Join Growing Chinese Credit Card Industry

8 December 2006

TNB Card Services Conference Highlights Credit Cards as Most Profitable Credit Union Product

8 December 2006

Researchers Expose Contactless Credit Card Flaws

8 December 2006

UK Association: Credit Cards Need More Transparency

8 December 2006

Moody's: U.S. Credit Card Performance Improves in August

8 December 2006

One Of New Mexico?s Largest Credit Unions, Sells Credit Card Program to TNB Card Services

8 December 2006

Pressure from Merchants Compels Credit Card Industry to Build New Business Models

8 December 2006

Visa, MasterCard Won't Accept Charges From AllofMP3.com

8 December 2006

Visa, following MasterCard, to Disclose More Fees

8 December 2006

TransUnion?s TrueCredit.com Taps Consumer Sentiment

8 December 2006

UK Regulator: Lenders to Blame for Bad Debt

8 December 2006

Fair Isaac Files Lawsuit Against Equifax, Experian, TransUnion and VantageScore

8 December 2006

GAO Study Blasts Credit Card Issuers

8 December 2006

Tepid Increase for Consumer Credit in August

8 December 2006

Visa Announces Global Restructuring, Plans to Go Public

8 December 2006

PIC Solutions Co-Authors Credit Risk Book

8 December 2006

PIC Solutions Expands the World?s Largest Credit Glossary

8 December 2006

MasterCard Shares Being Downgraded on Price Explosion

8 December 2006

TSYS Signs First Card-Issuer in Japan

8 December 2006