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Upcoming Conferences

18th Annual ATM, Debit & Prepaid Forum
October 3-5, 2010
Arizona Biltmore, Phoenix, AZ

3rd Annual Cards & Payments Loyalty Conference
November 3-5, 2010
Buena Vista Palace & Resort, Orlando, FL

Chargeoffs Drain Receivables, Underpinning Card Contraction

PaymentsSource | Monday, March 15, 2010

Revolving consumer debt, mostly comprising credit card loans, fell $110 billion, or 12.7%, from an all-time peak in September 2008, to $866 billion in December 2009 ...

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