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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Sen. Clinton Urges Caution on Wal-Mart Bank Bid

12 September 2006

MasterCard likely to Delay IPO

12 September 2006

Credit Card Firms Dangle Bait to those who Owe Taxes

12 September 2006

Debit Card Security Breached at Bank of America

12 September 2006

Discover Financial Services Breaks into Signature Debit Market with Introduction of Discover Debit

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U.S. Consumer Credit Up $3.35 bln in Dec

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Credit Crunch - New Minimum Payments Cause Dilemma

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Hudson's Bay to Sell Credit Card Unit to GE Money

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MasterCard Faces New UK Competition Probe

12 September 2006

U.S. Claim on Credit Card Settlement Money Disputed

12 September 2006

MasterCard International Reports Double Digit Growth in 2005 as Gross Dollar Volume Increases 11.9% Worldwide

12 September 2006

Bank of America to Keep Credit Card Bank Charter in Delaware

12 September 2006

Visa Surpasses Contactless Merchant Milestone

12 September 2006

Merrill Interested in South Korea's LG Card - Source

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Will Cinderella Story for Western Union Also Have a Happy Ending for Core First Data Card Businesses

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Experian Study Highlights Key Differences Between Consumers With High and Low Credit Scores

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Credit Card Rivals Diverge Over Talking Security

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MasterCard Teams With H&R Block and Link2Gov to Simplify Tax Payments

12 September 2006

Boston Newspaper Exposes Credit Card Data

12 September 2006

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