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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New Study Shows Declining Credit Card Use Among Americans
30 July 2008
Islamic Credit Card Market Poised for Growth: Analyst
30 July 2008
GE Money and Brooks Brothers Extend Long-Term Credit Card Partnership
29 July 2008
Property Taxes Latest New Market for Credit Card Processors
29 July 2008
TNB Adds Two New Credit Unions to its Agent Card Portfolio
28 July 2008
Credit Card Charge-Offs See Big Leap in May Year-Over-Year: Moody?s
28 July 2008
Washington Mutual Reports $3.3 billion Loss, But Active Credit Card Business
23 July 2008
AmEx and Wachovia Post Disappointing Earnings After Rosy Bank Results
22 July 2008
Emery FCU Partners with TNB to Grow its $5.8 Million Credit Card Program
21 July 2008
Credit Card Charges Hit Bank of America and Citi in Second Quarter
21 July 2008
Bank Roundup: UBS to Quit Some U.S. Services; Cap One and JPMorgan Beat Expectations
18 July 2008
Market Report: Seven Factors Influencing the Credit Card Market
17 July 2008
PredictiveMetrics Launches CardRecovery Score
17 July 2008
Bernanke References Credit Card Reform in House Testimony
17 July 2008
Capital One Reports Higher Charge Offs for Credit Cards in June
16 July 2008
TransUnion Launches Payment Behaviour Score in Hong Kong
15 July 2008
Small Business Credit Card Companies Miss Opportunities to Win Customers Online
15 July 2008
Mortgage Payments Could Make Credit Card Balances Soar
15 July 2008
TNB Buys $10 Million Credit Union Card Portfolio
14 July 2008
New Program Allows Consumers to Pay Mortgage with Credit Cards
10 July 2008