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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U.S. Consumer Credit Declines at Record Pace in November

11 January 2010

First Annual FICO Decision Management Awards Presented to Bank of Communications, Highmark and Lloyds Banking Group

8 January 2010

Early Developments Could Keep Debt Markets Depressed in 2010

5 January 2010

RMS Recertified for 3rd Year with both VISA and MASTERCARD for PCI Compliance

18 December 2009

Discover Reports Decline in Earnings, Increase in Charge-Offs for Q4

18 December 2009

Settlement Reached with Bank of America in Case Accusing Credit Card Companies of Colluding on Arbitration Terms

16 December 2009

Peregrin Services(TM) Announces Multiple Service Options for Its CARD Act Credit Counseling Line

15 December 2009

Consumer Credit Contraction to Impact ARM Industry Over Time

11 December 2009

Consumers Rank Credit Card Bills Higher Priority Than Mortgage, Says Auriemma Consulting Group

10 December 2009

TransUnion: Improved Mortgage and Credit Card Delinquencies Expected by End of 2010

9 December 2009

FTC Sues to Stop Robocalls With Deceptive Credit Card Interest-Rate Reduction Claims

9 December 2009

CreditCards.com: Weekly Credit Card Rate Report

30 November 2009

TransUnion.com: Average Credit Card Delinquency Rates Continue to Fall in Third Quarter From Previous Decline in Second - Bucking Historical Trend

23 November 2009

CoreCard Software Supports a Variety of Financing Plans for Receivable Management

18 November 2009

TransUnion.com: Mortgage Loan Delinquency Rates on Course to Hit Record in 2009

18 November 2009

Synovate Mail Monitor Shows US Credit Card Situation Remains Grim

16 November 2009

Consumer Credit Card Debt Increases in October

11 November 2009

Cavalry Portfolio Services Unveils New Online Payment Center

9 November 2009

Another Big Loss for Consumer Credit Card Debt in September

9 November 2009

Small Businesses Turn To Bibby Financial Services As Credit Card Pricing Soars

5 November 2009

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