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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 Securitizations Should Remain Strong Despite Mortgage Problems

13 November 2007

Revolution Card Faces Stiff Challenges: Report

12 November 2007

Visa Files Registration Notice for $10 billion IPO

12 November 2007

Americans are Borrowing More to Make Ends Meet, Report Says

9 November 2007

Visa to Pay AmEx $2.25 Billion in Settlement

8 November 2007

Consumer Credit Growth Slows in Sept; Credit Cards Lead the Way

8 November 2007

U.K. Bankruptcies Down as Banks Deny More Card Applicants

8 November 2007

CompuCredit Reports Loss of $53 million

7 November 2007

Recession Inevitable, Card Charge Offs to Rise: Analyst

1 November 2007

Profits Jump 63% for MasterCard

31 October 2007

Advanta Ups Loss Provision 60% as Net Rises

25 October 2007

Quarter Positive but AmEx Sets Aside More for Losses

23 October 2007

Celent: $250 Billion Opportunity for Healthcare Payment Cards

23 October 2007

Alliance Data Profit Drops 40% as Takeover Nears

22 October 2007

Cap One Card Profits, Charge Offs Rise

19 October 2007

BofA Card Income Falls 25 Percent on Credit Costs

18 October 2007

WaMu Cards? Receivables Rise as Income Drops

18 October 2007

Chase Reports Higher Income, Revenues and Provision for Losses

17 October 2007

Citi?s US Card Group Sees Declines in Quarter

15 October 2007

Moody?s: August Charge Offs Rise but Cards Remain Strong

15 October 2007

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