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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Recent Developments Lay Groundwork for New Debt Sales Rules for Banks

16 July 2013

CFPB Panel 1: Info Available to Debt Collectors at Time of Assignment, Sale

6 June 2013

Multi-State Investigation Into Debt Collection Reportedly Underway

4 June 2013

Federal Regulators Widening Probe on Bank Debt Collection Practices

29 May 2013

Credit Card Delinquencies and Debt Open 2013 With Declines

22 May 2013

California Sues JPMorgan Chase Over Debt Collection Lawsuits

10 May 2013

Collection Affidavits Focus of Exposé of Debt Buying Practices

18 April 2013

National Enterprise Systems Earns Top Rating from Better Business Bureau

16 April 2013

CFPB Releases ALL the Consumer Complaint Data

29 March 2013

Mike Ginsberg: Is Recent Economic Improvement Enough to Boost the ARM Industry?

6 March 2013

Number of Americans with Third Party Debt Collection Account Hits All-Time High

5 March 2013

Credit Card Chargeoffs Rise in Q4 as Delinquencies Hit New Low: Fed

20 February 2013

National Enterprise Systems Launches New Corporate Website

13 February 2013

Consumer Credit Jumps in November; Cards Grow Slowly

9 January 2013

Credit Card Delinquencies Fall to Lowest Level Since 1994

3 January 2013

Mortgage Delinquency Rate to Stay High in 2013; Credit Card Delinquencies to Remain Low: TransUnion

12 December 2012

Credit Card Debt Grows in October, Along with Other Debt

10 December 2012

Third Party Debt Collection Accounts Fall in Q3

28 November 2012

Debt Collection Complaint Picture Not Likely to Improve Under CFPB

27 November 2012

Consumer Loan Delinquencies and Charge-Offs Touch Fresh Lows, Except for Mortgages

26 November 2012

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