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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ePayables Leader Xign Purchased by JPMorgan Chase
23 April 2007
Nearly 62% of Identity Theft Victims Are Notified by Financial Services Company
23 April 2007
Mega Deal: Barclays to Buy ABN AMRO for $91 billion; Bank of America Involved
23 April 2007
State Passes Financial Literacy Resolution
18 April 2007
Experian-Gallup Survey Shows 3 in 10 Consumers Say It's Hard to Make Ends Meet
18 April 2007
First Data to Acquire Online Banking and Bill Pay Company FundsXpress
17 April 2007
Experian Announces Acquisition of Inform@rketing
16 April 2007
Centene Enters South Carolina Medicaid Market with Acquisition
16 April 2007
Group to Buy Sallie Mae for $25 billion; JP Morgan and Bank of America Involved
16 April 2007
Leading Consumer Credit Card Web Site Acquired
13 April 2007
NY Times: Sallie Mae in Talks to Go Private; Potential $20 billion Deal
13 April 2007
Online Bill Payments Surpass Checks for the First Time Among Internet Households
12 April 2007
Credit Freeze Law to be Passed in State
11 April 2007
Equifax and TALX Proposed Merger Registration Statement Declared Effective
10 April 2007
Citigroup to Acquire Another Asian Bank
10 April 2007
First Data Completes Acquisition of Instant Cash Services
9 April 2007
Consumer Credit Growth Slows in February; Credit Cards Make Gains
9 April 2007
Consumer Confidence Dips to Six-month Low
6 April 2007
Equifax and TALX Jointly Announce Expiration of Waiting Period for Merger
6 April 2007
FTC Annual Do-Not-Call Report: 132 million Phone Numbers Now on List
6 April 2007