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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Nearly Nine in Ten Bankers Pessimistic about the Economy in the Coming Year
23 December 2008
Stag-Deflation Threatens, Fed?s 0% Rate Beckons Homeowners
22 December 2008
New Illinois Law Could Benefit Medical Debt Recoveries for State Hospitals
19 December 2008
The Credit Crisis Claims Goldman Sachs as an Earnings Victim
18 December 2008
The Credit Crisis Claims Goldman Sachs as an Earnings Victim
18 December 2008
LifeLock Enters Into Agreement With Leading Credit Bureau
18 December 2008
Term Asset-Backed Securities Loan Facility (TALF) Likely to Have Only Marginal Success
18 December 2008
Online Resources Survey Shows Which Bills Consumers Are Paying First
18 December 2008
The Credit Crisis Claims Goldman Sachs as an Earnings Victim
17 December 2008
The Labor Market And The November Bankruptcy Risk Reading
16 December 2008
National Auto Loan Delinquency Rates Up 17 Percent in Q3: TransUnion
16 December 2008
Ocwen Reports on Success of Customized Loan Modification Program
15 December 2008
Buffalo Debt Collector Shuts Down in Difficult Economy
15 December 2008
Fitch: U.S. Retail Credit Card Chargeoffs to Surge
15 December 2008
Chevy Chase Bank Deal Advances Capital One Diversification Strategy
15 December 2008
American Household Debt Declines for First Time Since 1952
12 December 2008
New Survey Finds Most Americans Don?t Understand Basic Economics
12 December 2008
TASC Executive Board Member Teresa Schumann to Present at 2009 DBA Conference
12 December 2008
Wells Fargo Contributes $80,000 to GRID Alternatives
11 December 2008
Debt Buyers Getting Creative to Fund Portfolio Purchases
11 December 2008