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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Credit Card Spending Rise Supports TowerGroup Report
9 October 2007
Credit Card Spending Soars in August
9 October 2007
American Express CEO Wants More Information for Card Consumers
4 October 2007
Retail Federation Seeks Changes to PCI Rules
4 October 2007
Revolution Money AIMs to Combine Money Transfer, Credit, Debit and More
28 September 2007
RevolutionCard Could Shake Up Visa, MasterCard
27 September 2007
ABA Says Card Delinquencies See Little Change
26 September 2007
Discover Income Drops 16% During Another So-So Quarter
25 September 2007
Australian Credit Card Debt Hits Record High
21 September 2007
First Data Says Cuts will Save $150 million
17 September 2007
Cap One Cards Not Affected By Mortgage Crisis
14 September 2007
Visa Closer to IPO After SEC Ruling
14 September 2007
Target Confirms Card Portfolio on the Block
13 September 2007
Target Could Sell $7 Billion Card Portfolio: Report
12 September 2007
Consumer Borrowing Cools, But Credit Cards Remain Hot
11 September 2007
Discover Riding Out Subprime Problems: CEO
10 September 2007
Survey: Plastic Will Dominate Payments Landscape
7 September 2007
Moody?s Refutes Media Report on Defaults
29 August 2007
Bid for Discover is Mini in Price and Volume
22 August 2007
Collection Management Part of Barclaycard Rise Past $5 billion
21 August 2007
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