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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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Veda Advantage To Acquire Secure Sentinel

21 May 2009

ARM Companies Tell Different Tales in First Quarter Confidence Survey

20 May 2009

WWR Wins Six Awards at the 2009 NARCA Spring Collections Conference

19 May 2009

Over $33 Billion in U.S. Consumer Credit at Risk of Default

18 May 2009

U.S. Consumer Credit at Risk of Default Exceeds $33 Billion, According to Kaulkin Ginsberg Consumer Finance Report

14 May 2009

TransUnion Introduces First Generic Credit Score to Honduras

13 May 2009

Small Businesses Hugely Reliant on Credit Cards

11 May 2009

Fewer Consumers Have Credit Card Debt but Interest Rates Rising

11 May 2009

Q1 2009 Credit Card Sector Performance

8 May 2009

Oberthur Technologies Deploys Contactless Payment Sticker Certified by MasterCard

5 May 2009

TransUnion Credit Risk Index for U.S. Consumers Reaches Record Level

29 April 2009

Congress Looks to Supplant Fed with Credit Card Bill Push

28 April 2009

ZirMed Achieves PCI-DSS 1.2 Compliance, Assuring Highest Credit/Debit Card Industry Security Standards

27 April 2009

Discover Small Business Watch: Small Business Economic Confidence Surges

27 April 2009

Credit Card Chargeoffs Continue to Rise; 10% Rates May be Seen in 2009

22 April 2009

TowerGroup to Credit Card Issuers: Begin Planning Now for Recovery

21 April 2009

CardHub.com Launches New Tools & Help for Credit Card Holders

20 April 2009

Charge-Offs Continue To Mount

15 April 2009

Kaulkin Ginsberg Calculates U.S. Consumer Credit at Risk of Default Increased Over 25 Percent in February

14 April 2009

Money One FCU?s $8 Million Card Processing Lands at TNB Card Services

13 April 2009

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