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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TNB Card Services Revved Up Debit Card Promotion

14 December 2006

FIFA Fires Four Involved in Credit Card Imbroglio

14 December 2006

SunTrust Moves to Issue Credit Cards Again

14 December 2006

Visa USA Launches First Prepaid Contactless Program

14 December 2006

First Data International Completes Acquisition of Argencard, S.A.

14 December 2006

Visa USA Pledges $20 Million in Incentives to Protect Cardholder Data

14 December 2006

Consumer Credit Fell at Fastest Rate in 14 Years in October

8 December 2006

MasterCard Wins World Cup Credit Card Sponsorship Case

8 December 2006

Bank of America may Bid for U.K. Bank Barclays

8 December 2006

Chase Paymentech Gets MasterCard Approval to Process Chip Transactions

8 December 2006

Key Democrat Promises Credit Card Crackdown

8 December 2006

Cards&Payments Magazine to Launch Industry Awards

8 December 2006

Visa Planning Layoffs in Advance of IPO

8 December 2006

Prisoner Accused of Running Identity Theft Scheme Behind Bars

8 December 2006

Experian Consumer Borrowing Study Shows Big Increase in Late Pays

8 December 2006

Rising Debt, Stress Ensnare Twentysomethings

8 December 2006

Online Resources Announces New Stored Value Gift Card Service

8 December 2006

Target has No Plans to Sell Credit Card Business

8 December 2006

MasterCard to Expand PayPass Deployment to Nationwide Rollout

8 December 2006

EU Warns of Need for More Credit Card Competition

8 December 2006

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