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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How Our Brains Make Us Debtors

2 April 2012

TransUnion Payment Hierarchy Study Finds Consumers Paying Auto Loans before Credit Cards and Mortgages

30 March 2012

Debt Buying Contracts, Bank of America Now Focus of Magazine Reporting

30 March 2012

Apparent Cardholder Data Breach at MasterCard, Visa

30 March 2012

Card Charge-Offs and Delinquencies Fall in February at Major Issuers

19 March 2012

Discouraging Consumer Credit; Encouraging Producer Credit: Is This a Fix?

12 March 2012

Arizona Credit Card Responsibility Bill Heads to Senate

9 March 2012

Credit Card Debt Falls in January

8 March 2012

Moody's, Equifax Project Rebounding Consumer Environment

6 March 2012

Consumers Switched Banks at Increased Rate in 2011; Small Banks and Credit Unions Preferred

27 February 2012

Credit Card Charge-offs and Delinquencies Fall; Mortgage Arrears Still Very High

24 February 2012

Consumer Credit Card Debt Rises; Could Mean Big ARM News Come Spring

22 February 2012

insideARM.com on Forbes: Michael Klozotsky on Debt Collectors as "Chopped" Liver

21 February 2012

Pennsylvania = Freedom! for Credit Card Defaulters

21 February 2012

Major Banks See Credit Card Charge-Offs Slip in January

16 February 2012

Assassinate NINJA Debt with a Rummage Sale

15 February 2012

Turn Around, Bright Eyes: Chase Bank Slows Down Consumer Lawsuits

15 February 2012

Consumer Financial Literacy: Too Important to Ignore

14 February 2012

Consumer Credit Soars in December for Second Straight Month

8 February 2012

Debt Collection Magic: Identity Theft or Wizardry?

3 February 2012

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