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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Capital One Sees Spike in Card Charge-offs in January
14 February 2008
Moody's Gives Credit Card Sector a Negative Outlook, Says Charge-offs will Rise
13 February 2008
A Growing Movement of PCI Compliance
13 February 2008
Alliance Data Deal May Be Back on Track
11 February 2008
Consumer Credit Growth Slows in December and Delinquencies Rise
8 February 2008
Chase Wins Card Contracts for U.S. Interior, Transportation Departments
7 February 2008
Embattled Alliance Data to Layoff 480 in Texas
7 February 2008
Discover Sells U.K. Goldfish Card Unit
7 February 2008
Credit Card Spending Explodes in November
6 February 2008
A Growing Move Toward PCI Compliance
6 February 2008
Fed: Credit Harder to Come By in Fourth Quarter
6 February 2008
Card Issuers Must Address Subprime, Fraud, Risk Control: Analysts
1 February 2008
Most Large Merchants Meeting Data Security Standards: Visa
1 February 2008
Profits Drop at Alliance Data as it Sues Blackstone
31 January 2008
Wells Fargo Revenues Can?t Overcome Falling Profits
16 January 2008
Chase Card Unit?s Weak Q4 Could Extend into 2008
16 January 2008
Flat Fourth for US Bancorp as Charge Offs Rise
15 January 2008
Mortgages Send Citi to Quarterly Loss And the Card Unit Didn't Help
15 January 2008
Credit Card Performance to Deteriorate in 2008 says Fitch
11 January 2008
Cap One Stock Falls as it Revises 2007 Earnings
10 January 2008
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