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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Survival Tips to Weather the Economy for Bankcard/Credit Card Agencies

2 February 2009

US Credit Card Mail Volume Declined to 3.8 billion in 2008

2 February 2009

Debt Marketplace Launches Small Business Credit Card Survey

30 January 2009

Consumer Credit Counseling Service of Greater Atlanta Helps Record Number of People in 2008

20 January 2009

New Alternative Payment Solution Cred-Ex Soon to be Available in the US

13 January 2009

MasterCard Acquires Orbiscom to Accelerate Development of Payment Solutions

6 January 2009

Accounts Receivable Management in 2009: Hitting the Wall

5 January 2009

CompuCredit and its Collection Agency Settle FTC-FDIC Case for $114 million

22 December 2008

Regulators Approve New Credit Card Rules

18 December 2008

LifeLock Enters Into Agreement With Leading Credit Bureau

18 December 2008

Term Asset-Backed Securities Loan Facility (TALF) Likely to Have Only Marginal Success

18 December 2008

CreditReport.com Launches Three-Bureau Monitoring Service

17 December 2008

Capital One Card Charge-Offs Hit Nearly 7 Percent in November

16 December 2008

Fitch: U.S. Retail Credit Card Chargeoffs to Surge

15 December 2008

Chevy Chase Bank Deal Advances Capital One Diversification Strategy

15 December 2008

Credit Card Debt and Delinquencies Increase in Third Quarter: TransUnion

11 December 2008

Discover Financial Services Introduces Biodegradable Discover Card

10 December 2008

Consumer Credit Drops $3.5 billion in October

8 December 2008

Capital One to Acquire Chevy Chase Bank for $520 million

4 December 2008

Declining Credit Card Growth 2008: A (Leaking) Glass Half Full

4 December 2008

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