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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ECHO and Intuit Terminate Merger; ECHO to Give Up $2.3 million in Collection and Processing Profits
27 March 2007
ISGN Acquires Assets from Fair Isaac's Mortgage Banking Unit
26 March 2007
GE Commercial Finance Makes $1.1 billion Offer for Sanyo Credit
23 March 2007
Affiliated Computer Systems Gets Buyout/Go Private Offer from Chairman
22 March 2007
U.S. Economy Will Grow More in 2007, But Corporate Profit Growth Will Erode
22 March 2007
FTC Testifies on Identity Theft and Social Security Numbers
22 March 2007
Moody's: Credit Card Delinquencies Rise
22 March 2007
D&B Acquires First Research
21 March 2007
Equifax Launches New Consumer Website
21 March 2007
Largest Public Hospital Company in U.S. Created in $5.1 billion Deal
20 March 2007
Community Health Systems in Bid to Buy Triad Hospitals
19 March 2007
Housing Bubble Deflation Negatively Impacting Other Industries
19 March 2007
First Data to Acquire Instant Cash Services Business from Wells Fargo
16 March 2007
Subprime Loan Worries Hammer Stocks Tuesday; Delinquency Rate Near 5%
14 March 2007
PIC Solutions Announces Innovation in Consumer Credit Risk Training
13 March 2007
Hospital Sends Out Thousands of Bills in Error
12 March 2007
Apollo Enterprise Solutions Announces Partnership With Card Acquisition, LLC
12 March 2007
Collection Agency Reminds Consumers of Rights when Dealing with Collectors
9 March 2007
Consumer Credit Up 3.2% in January; Credit Card Spending Slows
8 March 2007
Advantedge Healthcare Solutions Acquires Medical Biller
6 March 2007