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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Third Quarter GDP Growth Revised Down to -0.5 Percent
25 November 2008
Caine & Weiner Expands as the Economy Falters
25 November 2008
Citigroup Gets $20 billion Government Capital Infusion
24 November 2008
Weakness Broadens Across U.S. Housing Market as Credit Crunch, Economy Take a Toll
24 November 2008
Discover Small Business Watch: Small Business Economic Confidence Continues to Fall
24 November 2008
MyWayForward.com to Help Survivors Deal with the Challenges Created by the Death of a Loved One
24 November 2008
Private Equity Investment May Signal Factoring as Fresh Source for Business Capital
24 November 2008
Workers, Consumers to be Biggest Losers in Big Three Automakers? Breakdown
21 November 2008
U.S. Consumers Planning Dramatic Shifts in Personal Spending: Study
21 November 2008
Banks Show Sliding Confidence on Collection Prospects, But Expect Rebound: Survey
20 November 2008
Unrealistic Collection Expectations Drive Consumers to Debt Settlement
20 November 2008
Consumer Prices Plummet on Lower Energy Costs
19 November 2008
ABA Testifies on Current Status of the Troubled Assets Recovery Program
19 November 2008
Consumers Reaching Out to NFCC in Record Numbers
19 November 2008
NFCC Urges Credit Card Companies to Adopt Plan to Help Consumers Repay Debts
17 November 2008
FTC Charges 10 Internet Payday Lenders with Deceptive Lending and Collection Tactics
17 November 2008
Paulson Discusses Changes in Bailout Focus
14 November 2008
Unemployment, Underemployment, and Justifiable Collective Hysteria
13 November 2008
Collection Agencies Wary of Debt Settlement Firms, But See their Purpose
13 November 2008
Microfinance Looks Set to Emerge as a New Asset Class
13 November 2008