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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UK Association: Credit Cards Need More Transparency
8 December 2006
TNB Card Services Conference Highlights Credit Cards as Most Profitable Credit Union Product
8 December 2006
Visa, MasterCard Won't Accept Charges From AllofMP3.com
8 December 2006
Moody's: U.S. Credit Card Performance Improves in August
8 December 2006
One Of New Mexico?s Largest Credit Unions, Sells Credit Card Program to TNB Card Services
8 December 2006
Pressure from Merchants Compels Credit Card Industry to Build New Business Models
8 December 2006
Visa, following MasterCard, to Disclose More Fees
8 December 2006
TransUnion?s TrueCredit.com Taps Consumer Sentiment
8 December 2006
GAO Study Blasts Credit Card Issuers
8 December 2006
Fair Isaac Files Lawsuit Against Equifax, Experian, TransUnion and VantageScore
8 December 2006
Tepid Increase for Consumer Credit in August
8 December 2006
UK Regulator: Lenders to Blame for Bad Debt
8 December 2006
PIC Solutions Expands the World?s Largest Credit Glossary
8 December 2006
Visa Announces Global Restructuring, Plans to Go Public
8 December 2006
PIC Solutions Co-Authors Credit Risk Book
8 December 2006
MasterCard Shares Being Downgraded on Price Explosion
8 December 2006
Late Credit Card Payments Edge Higher
8 December 2006
TSYS Signs First Card-Issuer in Japan
8 December 2006
Wal-Mart Promises Limits on its Industrial Bank
8 December 2006
Discover Small Business Watch Reveals Cautious Optimism Among Small Business Owners
8 December 2006
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