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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Consumer Credit Grows 2.3% in October, All on Credit Cards
10 December 2007
Report: Banning Payday Loans Means Higher Collector Complaints
10 December 2007
The British Are Sinking
7 December 2007
Court Rules Equifax Owes $3 Million in Damages for Credit Errors
7 December 2007
Auto Delinquencies Up but Threat Uncertain
6 December 2007
Time to Hunker Down or Go for the Gold?
6 December 2007
Auto Delinquencies Up but Threat Uncertain
6 December 2007
Foreclosures Keep Rising as Bush Preps Plan
6 December 2007
Cincinnati Confirms it Will Sell Property Liens
5 December 2007
Mortgage on Plastic, Dangerous Path to Tread
4 December 2007
Westward Ho! ? Major Insurance Provider Acquires Great-West Healthcare for $1.5B
3 December 2007
Feds, Banks Working on Subprime Rate Freeze Pact
30 November 2007
Politicking Over Privacy
30 November 2007
GDP Grew Nearly 5% in Third Quarter
29 November 2007
UK Consumer Debt Rises as Card Debt Plateaus
28 November 2007
Recession on the Way, Impact Unclear
27 November 2007
Citi Predicts Moderate 2008 Growth as it Prepares Staff Cuts
26 November 2007
Data Not Good for U.S. Economy Going into 2008
21 November 2007
The Little Things Can Make a Big Difference
20 November 2007
Revolution Card Faces Stiff Challenges: Report
12 November 2007