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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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Experts Say New Credit Card Rules will Significantly Impact ARM Industry

3 March 2010

Numbers from the ARM Industry?s First Virtual Trade Show

26 February 2010

Credit Card ARM Inventory to Remain Strong as Charge Offs Spike

24 February 2010

Consumer Credit Scores Drop in January 2010

18 February 2010

Firstsource Signs Three-Year Deal With Unirush LLC

16 February 2010

Average Credit Card Debt Drops to $3,752 Per Adult, $7,394 Per Household

11 February 2010

Credit Card Offers Make a Comeback to US Households: Synovate Mail Monitor

11 February 2010

Oliphant Acquires Assets of Performance Capital Management

9 February 2010

Adeptra Reflects On 2010 Demand for True Multi-Channel Communications

9 February 2010

Canadian Financial Company Intoduces A Balance Transfer Credit Card Program

4 February 2010

TransUnion Study Finds More Consumers Making Payments on Their Credit Cards Before Their Mortgages

3 February 2010

Veda Advantage Credit Demand Index - October to December 2009

2 February 2010

TransUnion Only Credit Bureau to Provide Multiple Income Models to Help Financial Services Firms Meet New Requirements of Credit CARD Act

28 January 2010

Credit Card Statements Will have A New Look in February, NFCC Works with Lenders

26 January 2010

State Attorney General Goes After Capital One for Debt Collection and Re-Aging

25 January 2010

East Capital Explorer, East Capital Financials Fund and Intrum Justitia Jointly Invest in Russian Non-Performing Consumer Loan Portfolios

25 January 2010

Consumers Cutting Credit Card Usage and Debt on Eve of Reform, First Command Reports

22 January 2010

Consumer Credit Card Debt Increases by Double Digits in Nearly Every Region in Second Half of 2009

13 January 2010

Consumers to Benefit from Fed?s Sweeping New Credit Card Rules

13 January 2010

Movement Underway to Shift Money from Large Banks to Community Banks

13 January 2010

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