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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New Study Shows Declining Credit Card Use Among Americans

30 July 2008

Islamic Credit Card Market Poised for Growth: Analyst

30 July 2008

GE Money and Brooks Brothers Extend Long-Term Credit Card Partnership

29 July 2008

Property Taxes Latest New Market for Credit Card Processors

29 July 2008

TNB Adds Two New Credit Unions to its Agent Card Portfolio

28 July 2008

Credit Card Charge-Offs See Big Leap in May Year-Over-Year: Moody?s

28 July 2008

Washington Mutual Reports $3.3 billion Loss, But Active Credit Card Business

23 July 2008

AmEx and Wachovia Post Disappointing Earnings After Rosy Bank Results

22 July 2008

Emery FCU Partners with TNB to Grow its $5.8 Million Credit Card Program

21 July 2008

Credit Card Charges Hit Bank of America and Citi in Second Quarter

21 July 2008

Bank Roundup: UBS to Quit Some U.S. Services; Cap One and JPMorgan Beat Expectations

18 July 2008

Market Report: Seven Factors Influencing the Credit Card Market

17 July 2008

PredictiveMetrics Launches CardRecovery Score

17 July 2008

Bernanke References Credit Card Reform in House Testimony

17 July 2008

Capital One Reports Higher Charge Offs for Credit Cards in June

16 July 2008

TransUnion Launches Payment Behaviour Score in Hong Kong

15 July 2008

Small Business Credit Card Companies Miss Opportunities to Win Customers Online

15 July 2008

Mortgage Payments Could Make Credit Card Balances Soar

15 July 2008

TNB Buys $10 Million Credit Union Card Portfolio

14 July 2008

New Program Allows Consumers to Pay Mortgage with Credit Cards

10 July 2008

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