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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Credit-Card Issuers' Problem: People are Paying Bills

12 September 2006

Free Monitoring of Credit Proposed for Nation's Veterans

12 September 2006

Personal Data on Veterans is Stolen

12 September 2006

Visa First-Quarter US Volume Up 17.4% to $318.2B

12 September 2006

MasterCard IPO: Not So Priceless

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Capital One Shares Fall on Analyst Note

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Morgan Stanley builds UK credit card unit with new deal

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Applied Card Not Leaving Huntington Because of McGraw suit, Experts Say

12 September 2006

Credit Cards Go Hi-Tech

12 September 2006

Applied Card Closing Huntington Call Center

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Consumer Credit Expands by $2.52 billion in March, but Credit Card Debt Falls

12 September 2006

Fed's Moskow Says Banks Need to Help Immigrants

12 September 2006

Pier 1 Mulls Sale of Credit Card Business

12 September 2006

ID Theft is the No. 1 Runaway U.S. Crime

12 September 2006

MasterCard sets IPO terms for 61.5 mln shares

12 September 2006

HSBC to Close Former Metris Collection Call Centers

12 September 2006

Credit-card companies court consumers to the tune of 6 billion offers

12 September 2006

Consumers Using Tax Refunds To Pay Off Debt, Survey Says

12 September 2006

Four convicted in $10 million credit card scam

12 September 2006

Bank of America to Consider Launching their Own Credit Card Brand

12 September 2006

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