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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Credit Card Leaks Continue at Furious Pace

12 September 2006

Fiserv and Retail Credit Solutions Announce Agreement to Provide Processing for Private-Label Credit Card Programs

12 September 2006

Britain Cuts Back on Credit Card Habit

12 September 2006

MasterCard Rallies Merchants to Protect Consumer Data with a New Multi-Faceted Campaign

12 September 2006

Late Credit Card Payments Stay Near High

12 September 2006

Fed's Moskow sees more Interest Rate Hikes, U.S. Growth Strong

12 September 2006

U.S.Credit Card Reward Program Review

12 September 2006

Chase Launches Credit Cards with 'blink' in the Dallas-Fort Worth Metroplex

12 September 2006

Credit Card Debt Tops $3,500 Per Adult, $7,200 Per Household

12 September 2006

Consumer Credit Falls for 2nd Straight Month

12 September 2006

'Generation P' Leading Credit, Debit Card Charge

12 September 2006

Goldman Sells Part of Sanyo Credit Stake

12 September 2006

Credit Card Rivals to Unite in Data Protection Effort

12 September 2006

China Plans to Open Up Credit Card Business in 2006

12 September 2006

TNB Card Services Publishes Card Marketing Guide for Credit Unions

12 September 2006

Survey Shows Americans Paring Down Credit Card Debt

12 September 2006

Visa Says 2005 Holiday Season Spending Up 17.5 pct

12 September 2006

Citibank and American Express form Credit Card Alliance

12 September 2006

Indian Credit Card Sector Plagued by Random Distribution and Bad Assets

12 September 2006

Fed Says Interest Rate Rises likely Nearing End

12 September 2006

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