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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22 June 2011

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16 June 2011

Citigroup Discloses Hack Attack on Credit Card Accounts

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Credit Card Delinquency Rate at Five-Year Low

6 June 2011

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27 May 2011

European Written-off Debt Reaches $437 billion

23 May 2011

Credit Card Delinquencies Fall to Lowest Level in 15 years

23 May 2011

New Bank Credit Card Originations Rise More than 28 Percent

20 May 2011

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19 May 2011

POLL: Does Newt Gingrich Owe You an Explanation of His Debt?

19 May 2011

Credit Card Default Rates Show Uptick in April: S&P/Experian

18 May 2011

Credit Card Companies Want Your Kids. A Lot.

16 May 2011

Credit Card Debt Rises in March

9 May 2011

TransUnion: Consumer Credit Risk Improves at Best Rate Since 2008

6 May 2011

S&P/Experian Credit Default Indices Continue to Show Declining Default Rates

22 April 2011

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21 April 2011

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12 April 2011