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 Bill Passage Sparks Debate on Impact
25 September 2008
Visa Enables Issuance of Unembossed Cards in U.S.
23 September 2008
Credit Card Bill to Hit House Floor
23 September 2008
ABA Launches CardPolicyInfo.com
23 September 2008
Credit Card Charge-Offs Hold Steady, But Weakness Seen in Future
18 September 2008
West at Home Increases Credit Card Data Security with PhoneFactor
16 September 2008
Credit Card Outlook Remains Negative as Debt Rises
16 September 2008
Increased College Student Credit Card Debt Causing Financial Straits for Graduating Students: Report
15 September 2008
Cap One Card Charge-Offs Drop in August, Delinquencies Up
15 September 2008
CareFirst BlueCross BlueShield: Sorry, no credit. Don't ask.
15 September 2008
Capital One Avoids Trouble by Sticking to Credit Cards: WSJ
10 September 2008
Sharp Drop-off in Auto Sales as Credit Card Spending Keeps Pace in July
9 September 2008
Smart Financial Consolidates Card Processing with TNB Card Services
8 September 2008
Credit Card Bill Could See Vote Before Elections
8 September 2008
Securities Backed by Credit Card, Auto Loans Poorest Performers
4 September 2008
Executive Change: Barclaycard U.S. Names Barney Briggs CFO
3 September 2008
Weak Economy Set to Hit Credit Card Companies Hard: Reuters
3 September 2008
Small Businesses Dissatisfied With Credit Card Processors: Survey
2 September 2008
Credit Card Data Breaches Popping Up Again
28 August 2008
Citi to Pay $18 million in California Settlement Over Credit Card Practice
27 August 2008