The Economy News

Collections & Recovery

Since the economic downturn began in the U.S. in 2008, the fortunes of ARM companies have largely mirrored the broader business environment. Debt collection agencies are particularly susceptible to high unemployment, inflated consumer bankruptcies, and plummeting housing pricing. Combined with a general tightening of credit standards, the ARM industry is more tied to macroeconomic trends than ever before.

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NexTag Enters Agreements With Equifax and TrueCredit to Offer Consumer Credit Services

12 September 2006

U.S. Q3 GDP Revised Higher to 4.3%

12 September 2006

BofA Would Rather Not Buy GMAC-like Company - Report

12 September 2006

HSBC Finance Corporation Completes Acquisition of Metris

12 September 2006

More Teens Becoming Credit Card Users

12 September 2006

Credit Card Rates Likely to Continue Rising

12 September 2006

State Offering Travelling Seminars on Credit Cards

12 September 2006

U.S. Consumer Confidence Recovers in November

12 September 2006

Durable Goods Orders Surge in October

12 September 2006

New Home Sales Surge to Record High in October

12 September 2006

Debt Collector gets Jail for Extortion

12 September 2006