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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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Visa, Chase Kick-Off Mobile Marketing Pilot for Cardholders

21 August 2008

Owners Using Credit Cards in Dearth of Small Business Loans

21 August 2008

Addressing PCI Compliance Takes Longer, Costs More Than Expected: Report

20 August 2008

Fitch: U.S. Credit Card ABS Performance Holds Up Despite Higher Chargeoffs

19 August 2008

Credit Card Performance Weighs Down Target in Quarter

19 August 2008

Capital One Auto Loan Charge Offs Rise as Cards Stabilize

18 August 2008

Illinois AG Announces Proposed Changes for Credit Cards

15 August 2008

Al Franken Proposes Sweeping Changes to Bankruptcy and Credit Card Laws

14 August 2008

TNB Lands Debit Processing for $334 Million Credit Union

11 August 2008

Some Stores Fail to Notify Consumers on Massive Card Data Breach

11 August 2008

Consumer Credit Surges 6.7 Percent in June

8 August 2008

Proposed Credit Card Rule Changes Get High Profile Comments on Last Day

7 August 2008

Credit Card Debt Growth Rate to Remain High in 2008: Report

6 August 2008

Credit Card Charge-Offs Continue Marching Higher: Fitch

5 August 2008

Executive Change: TNB Card Names Mitch Raymond SVP, Product Development

4 August 2008

PIC Solutions Presents at CardExpo East Africa 2008 Conference

1 August 2008

Visa Money Transfer Service Gaining Global Adoption

1 August 2008

Consumer-Friendly Credit Card Bill Passes House Committee

1 August 2008

ARM Companies Under Pressure as Q2 Ends with Persistent Consumer Pessimism

31 July 2008

Visa Posts Gains in Quarter; MasterCard Records Loss on American Express Settlement

31 July 2008

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