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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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Card Chargeoffs Accelerate, Break 10 Percent Barrier in May

2 July 2009

Research and Markets: UK Personal Lending 2009: UK Consumer Credit Market in 2008 and Future Outlook

30 June 2009

Bank of America and First Data Form Next-Generation Payment Solutions Company

29 June 2009

Small Business Confidence Rises as Cash Flow Issues Decline

29 June 2009

Online Resources Enables Online ATM/Debit Card Payments for Healthcare Providers

26 June 2009

Capital One Survey of High School Seniors Reveals Gender Gaps in Financial Literacy

24 June 2009

Visa, NeuStar Team to Propel Trusted Mobile Payments and Financial Services Globally

23 June 2009

Acxiom Launches Online Identity Card to Help Businesses and Consumers Connect Securely and Easily

19 June 2009

New Report Analyzes Future of Credit Card Industry

16 June 2009

ALI Solutions Reports Lower Charge-Offs and Delinquencies for Credit Card Client

16 June 2009

CreditCards.com: Weekly Credit Card Rate Report

12 June 2009

Survey Shows Reductions Continue in Credit Card Limits

11 June 2009

First Data and Wells Fargo Expand Relationship

9 June 2009

Accertify and RMS Partner to Reduce Credit Card Fraud and Chargebacks

8 June 2009

TransUnion.com 1Q09 Card Delinquency Rates Up 9 Percent from Previous Quarter

8 June 2009

U.S. Consumer Credit Plummets in April; Credit Cards Fall 11 percent

8 June 2009

Credit Card Companies Get a Lift After Legislation Passes

3 June 2009

TransUnion.com: Mortgage Loan Delinquency Rates Rise for Ninth Straight Quarter, but at a Slower Pace

2 June 2009

RMS India Achieves PCI Compliance

27 May 2009

Credit Card Bill Impact on ARM Industry Uncertain

27 May 2009

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