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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Nearly Half of Consumers Say Housing Price Collapse is Possible
1 February 2007
Collection Agency Creates Hotline to Discourage Adverse Collection Calls
1 February 2007
SITEL and ClientLogic Close Merger
31 January 2007
TransUnion?s TrueCredit.com Tracks Americans? Credit Habits
31 January 2007
GE Money Launches Consumer Financing Program with Bath and Kitchen Group
31 January 2007
GDP Growth Stronger than Expected in Q4 at 3.5%
31 January 2007
Merrill Lynch to Acquire First Republic Bank for $1.8 billion
29 January 2007
UK Debt Management Firms Hitting Snag Over Payment Plans
29 January 2007
Small Business Confidence Rebounds in January; Healthcare Costs Weigh
29 January 2007
Citigroup to Buy World's Biggest Online Bank for $1.13 billion
29 January 2007
First Data Acquires Size Technologies
25 January 2007
Cardinal Health to Sell Drug Services Unit for $3.3 billion
25 January 2007
Agencies Working For Debtors?
25 January 2007
Per-Se Stockholders Approve Acquisition by McKesson
25 January 2007
Consumer Group Touts 'Take Back Your Phone Day' Against Collectors
25 January 2007
Arkansas AG Proposes Credit Freeze Bill
24 January 2007
Group Claims Tech Solution to Collection Calls
23 January 2007
Citigroup to Acquire ABN AMRO Mortgage Group
22 January 2007
Barclays to Buy Regions Subprime Unit for $225 million
19 January 2007
Company Promises Identity Theft Protection
19 January 2007