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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Consumer Credit Increases in September; Credit Card Debt Falls

9 November 2012

Empereon-Constar Achieves Annual PCI Compliance Certification

31 October 2012

CFPB Excludes Medical Debt Revenue from Definition of Annual Receipts

25 October 2012

CFPB Spells Out Debt Collection Industry Larger Market Participants

24 October 2012

CFPB Proposes Rule to Make Credit Cards Available to Non-Working Partners

18 October 2012

Where Does the ARM Industry Go After the Credit Card Bust?

17 October 2012

CFPB to Hold Field Hearing in Seattle on Debt Collection

11 October 2012

Consumer Credit Surges in August

8 October 2012

Consumer Delinquencies Continue Decline In Q2; Card Arrears Lowest in 11 Years

4 October 2012

WEBINAR: Using Retail Customer Service Models to Improve Debt Collection Performance

3 October 2012

American Express to Pay $112 million to Settle Debt Collection and Other Charges

2 October 2012

Getting Ready for 2013 - Asset Class Diversification

1 October 2012

ARM in the Credit Card Sector: A New Opportunity Unfolding

28 September 2012

CFPB and FDIC Team Up on $200 Million Action Against Discover

24 September 2012

FBCS, Inc. Completes PCI-DSS Certification

24 September 2012

Identifying the Deleveraging Customer versus the Disengaging Customer

20 September 2012

Ontario Systems Receives PCI DSS Certification

18 September 2012

Consumer Credit Slides in July on Big Dip in Credit Cards

12 September 2012

Credit Card Delinquencies Hit All-Time Low as Mortgage Arrears Increase

6 September 2012

The CFPB Complaint System: An Example of Efficiency and Effectiveness

5 September 2012

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