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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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Card Debt Prices Dropping as More Paper Hits Market

17 March 2008

Target to Sell Half of Card Portfolio

13 March 2008

ED Collection Contract Leaders Hold Serve in February

13 March 2008

Credit Card Charge Offs Tick Up but Yields Remain Strong: S&P

11 March 2008

Skittish Consumers Threaten the ARM Industry

11 March 2008

Credit Card Spending Grew 7 percent in January: Fed

10 March 2008

Regulators, Chase Target Debt Settlement Firm Hess Kennedy

10 March 2008

Economic Data Piling On in Favor of Recession

7 March 2008

Discover: Consumers Worried About Economy, Spending Stalls in February

5 March 2008

Downturn Forces Issuers to Change Card Risk Models: TowerGroup

5 March 2008

S&P Casts Wary Eye on Credit Card ABS in 2008

28 February 2008

Discover?s CEO Paid $22 Million Last Year

27 February 2008

Banks Worldwide Writing Off More Debt for 2007

26 February 2008

Card Group, and its Debt, Grow for Target During Weak Year

26 February 2008

Banks Profits Fell 27% last year: FDIC

26 February 2008

Steady Rise for Credit Card Charge Offs, Delinquencies

25 February 2008

Visa?s IPO Could be Worth $18.8 billion, a Record

25 February 2008

Citi Captures Defense?s 1.2 Million Travel Card Program

22 February 2008

APAC Turns Around, CompuCredit Turns Down in Quarterlies

19 February 2008

Card Issuers to Hire Collectors, Focus on Risk, as Economy Falls

15 February 2008

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