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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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New Hampshire Gov. Lynch Signs Law Giving Consumers New Tools To Protect Themselves Against Identity Theft

12 September 2006

Target's Credit Cards on a Hot Streak

12 September 2006

Credit-Card Issuers' Problem: People are Paying Bills

12 September 2006

MasterCard Prices IPO Below Estimated Range; Shares Move Up in Early Trading

12 September 2006

Free Monitoring of Credit Proposed for Nation's Veterans

12 September 2006

Personal Data on Veterans is Stolen

12 September 2006

MasterCard IPO: Not So Priceless

12 September 2006

Visa First-Quarter US Volume Up 17.4% to $318.2B

12 September 2006

Capital One Shares Fall on Analyst Note

12 September 2006

Morgan Stanley builds UK credit card unit with new deal

12 September 2006

Applied Card Not Leaving Huntington Because of McGraw suit, Experts Say

12 September 2006

Credit Cards Go Hi-Tech

12 September 2006

Consumer Credit Expands by $2.52 billion in March, but Credit Card Debt Falls

12 September 2006

Applied Card Closing Huntington Call Center

12 September 2006

Fed's Moskow Says Banks Need to Help Immigrants

12 September 2006

ID Theft is the No. 1 Runaway U.S. Crime

12 September 2006

MasterCard sets IPO terms for 61.5 mln shares

12 September 2006

Pier 1 Mulls Sale of Credit Card Business

12 September 2006

HSBC to Close Former Metris Collection Call Centers

12 September 2006

Consumers Using Tax Refunds To Pay Off Debt, Survey Says

12 September 2006

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