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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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$123 billion in 19 Months: Credit Card Debt's Amazing Plummet

11 May 2010

Federal Regulatory Reform Hits ARM Industry on Three Fronts

10 May 2010

S&P and Experian Team Up to Launch Consumer Credit Default Indices

4 May 2010

Fitch: U.S. Credit Card Delinquencies Fall to Six-Month Lows

3 May 2010

Executive Change: Charge Card Systems Adds ARM Industry Veteran Mike Martell

30 April 2010

TSYS Signs Agreement with Alaska Option

29 April 2010

Veda Advantage: Australian Consumer Credit Demand Down, Mortgages Down 15%

28 April 2010

Payment Data Systems Closes 2009 with Positive Changes

15 April 2010

New Adeptra Analytics to Enable Banks and Card Issuers to Link Data

8 April 2010

Credit Card Debt Plummets in February After a Revised Gain in January

8 April 2010

Credit Card Late Payments Drop in Q4 Along with Other Loans

7 April 2010

Former Discover Card Veteran Leads Innovative ARM Consulting Firm

5 April 2010

PCI Compliance and Data Security Requires Private Key Management

1 April 2010

Credit Card Pitchman Permanently Banned from Telemarketing

30 March 2010

Dave & Buster's Settles FTC Charges it Failed to Protect Consumers' Information

26 March 2010

Discover Financial Services Announces Actions to Further Enhance Loan Loss Reserve

12 March 2010

CARD Act Could Negatively Impact Creditworthy Consumer Credit Scores

12 March 2010

Former Chase Exec Makes Debt Sales Allegations in Lawsuit

10 March 2010

Credit Counseling Services See Annual Credit Card Fees Returning With the New Credit Card Act in Place

8 March 2010

Exploring Rising Complaints Against Debt Collectors

5 March 2010

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