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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GE Pays $1.1 billion for Control of Sanyo Credit
11 May 2007
Massachusetts House Passes Identity Theft, Credit Freeze Bill
10 May 2007
PNC to Acquire ARCS Commercial Mortgage
10 May 2007
Consumer Credit Comes Correct in March; Largest Gain in 4 Months
8 May 2007
ABN Amro Rejects $24.5 billion LaSalle Bid
7 May 2007
Experian Acquires French Emailing Solution
4 May 2007
Wells Fargo, Greater Bay Bancorp Agree to Merge
4 May 2007
Judge Blocks Sale of LaSalle to Bank of America
4 May 2007
'Credit Card Nation' Author to Address Credit Counseling Conference
2 May 2007
Canam Credit Acquires Canada Debt Assistance for $1.5 million
2 May 2007
Citi Completes Purchase of UK Online Bank Egg
2 May 2007
LML Payment Systems Announces the Acquisition of Beanstream Internet Commerce
1 May 2007
NACM Credit Manager's Index Rises in April
1 May 2007
Debt Resolve to Acquire Creditors Interchange for $64 million
1 May 2007
Private Equity Legend Enters the ARM Industry - Big Time
1 May 2007
WSJ Feature: The Debt Collector vs. The Widow
30 April 2007
GDP Growth in Q1 Lowest in 4 Years
27 April 2007
Mega Deal Gets Mega-er with Rival $98 billion Bid for ABN Amro
26 April 2007
Banks are Preparing Lawsuits Against TJX Over Credit Card Data Breach
25 April 2007
Conference Board Consumer Confidence Index Declines
24 April 2007