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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Credit Card Debt Shrinks at Fastest Rate in 30 Years in February
8 April 2009
New Collection Strategy Helps Hospitals Convert Bad Debt Into Revenue
7 April 2009
Ford Debt Repurchase Positive but Liquidity Remains a Concern
6 April 2009
Walgreens Looks to Make a Larger Footprint on Basic Health Care Delivery
3 April 2009
Additional Session Announced for Recovery Management Strategies & Techniques Class
2 April 2009
ABA Welcomes FASB Guidance on Mark-to-Market Accounting and Impairment Rules
2 April 2009
Servicers to Play Important Role in Toxic Asset Plan
2 April 2009
Consumer Delinquencies Continue Rising as Recession Intensifies in Fourth Quarter: ABA
2 April 2009
IXI Addresses Escalating Healthcare Receivables Crisis with Ability to Pay Solutions
1 April 2009
Center for Financial Certifications Announces Launch of Certified Consumer Receivables Counselor Program
31 March 2009
New Survey Finds Majority of Americans Confused About Personal Finance
31 March 2009
Small Business Economic Confidence Jumps as More Owners See Conditions Improving for Their Businesses
30 March 2009
Bank of Florida Corp. Announces Plans to Withdraw TARP Application
27 March 2009
Room For Healthcare Reform in President?s Budget: Analysts
27 March 2009
Fourth Quarter GDP Contraction Revised to 6.3 percent
26 March 2009
Consulting Firms Team Up for Comprehensive Approach for Collection Agencies
25 March 2009
Collapse in World Trade Heightens Risk for Australia
25 March 2009
Majority of Americans Give President Obama Negative Ratings on His Economic Job Performance
24 March 2009
Auto Loans 60 Days Past Due Rise by 17 Percent
19 March 2009
Economic Uncertainty has Profound Impact on Workplace
19 March 2009