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 Sentiment Jumps to 6 Month High in July
13 July 2007
Sallie Mae Buyout Threatened by Student Loan Legislation
12 July 2007
GAO Says Data Breaches Rarely Result in Identity Theft
11 July 2007
Consumers Charge up Credit Cards in May
10 July 2007
132,000 Jobs Added in US in June
6 July 2007
Maine Begins Financial Literacy Program for Students
6 July 2007
Check Processor Says 2.3 million Consumer Records Stolen, Sold
5 July 2007
Web Site Offers Quick Card Comparison
5 July 2007
Delinquency Rate on All Loans Hits High in Q1; Credit Cards Improve
3 July 2007
Bank of America, Huntington Complete Major Bank Acquisitions
2 July 2007
NACM Credit Index Shows Manufacturing Gains
2 July 2007
Fed Holds Rates Steady After Meeting
29 June 2007
Bankruptcy Filings Up 66% in First Quarter
28 June 2007
Final GDP Growth Reading for Q1 Stands at 0.7%
28 June 2007
Dutch Court's Legal Advisor OKs ABN-BofA LaSalle Deal
26 June 2007
Who?s Bankrupt? Just Your Average Jane
25 June 2007
Commercial Bankruptcy Declines Tied to Economy
20 June 2007
ARM Industry Included in Credit Report Probe
20 June 2007
Sallie Mae?s $25 billion Takeover Clears Antitrust Hurdle
20 June 2007
Volt Information Sciences to Acquire LSSi Corp. in Directory Assistance Deal
19 June 2007