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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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Collection Agency Adds 3500 sq. ft to House Bank Card Collections

16 August 2011

Experian: Credit Card Delinquencies Down, Late Mortgage Payments Up

12 August 2011

Capital One Closer to Buying HSBC Credit Card Portfolio

9 August 2011

Consumer Credit Jumps in June; Cards See Largest Gain in Years

8 August 2011

HSBC Sells 195 Bank Branches; Laying Off 30,000; Looking for Credit Card Buyer

1 August 2011

Credit Card Debt Decline Driven by Consumer Payments, Not Charge-Offs: TransUnion

27 July 2011

Trouble Continues for Credit Card Collection Actions

21 July 2011

Credit Card Debt Buying Market Showing Signs of Life

20 July 2011

S&P/Experian Credit Default Indices Show Decreases in Default Rates Across All Loan Types

20 July 2011

JP Morgan Chase Profits Rise 13 Percent

14 July 2011

Class Action Lawsuit Alleges Collection Agencies' Credit Card Offer Contains Multiple FDCPA Violations

14 July 2011

Credit Card Debt Surges in May

11 July 2011

Consumer Credit Delinquencies Rise Slightly In First Quarter 2011

7 July 2011

Regions Bank Completes Purchase of $1 Billion Credit Card Portfolio

6 July 2011

Consumer Credit Improves in Uneven Recovery: Equifax

5 July 2011

Doing it Wrong: Genius Saves the World

1 July 2011

Getting Current on the Credit Card Sector

30 June 2011

JPMorgan Chase Drops Pursuit of Millions (Billions?) in Credit Card Debt – For Now

24 June 2011

S&P/Experian Credit Default Indices Show Decreases in Default Rates in May

22 June 2011

Consumer Economic Snapshot: Comparing Aprils

21 June 2011

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