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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More Hospitals Working with Patients to Pay Bills
8 December 2006
Bankruptcy Reform is One Year Old: Consumer Education Emerges as Key Issue
8 December 2006
Equifax Acquires Austin-Tetra, Industry-Leading B-to-B Information Solutions Company
8 December 2006
First Data and Austin Logistics to Offer Solution that Dramatically Reduces Payment Risk
8 December 2006
More than Half of Debtors Contacted by Collection Agency are Under 32
8 December 2006
Study Claims Subprime Lending Significantly Benefits Maine Economy
8 December 2006
Bankruptcy Filings on the Rise Again, Likely to Return to Pre-2005 Law Levels
8 December 2006
Supreme Court Agrees to Hear Insurance Credit Score Cases
8 December 2006
The PNC Financial Services Group to Acquire Mercantile Bankshares for $6 billion
8 December 2006
Experian Extends Presence in Nordic Region With Acquisition of Krediidiinfo in Estonia
8 December 2006
Internal Revenue Service to Explain Overhaul of the Federal Credit Counseling Law
8 December 2006
UK Debt Management Firm Considering Going Public
8 December 2006
CIT to Acquire Barclays' UK and German Vendor Finance Businesses
8 December 2006
Consumer Reports Goes After Data Brokers in Latest Issue
8 December 2006
Senate Bill would Shield Tithing from Bankruptcy
8 December 2006
West Corporation Announces Purchase of InPulse Response Group
8 December 2006
Kaulkin Ginsberg: Healthcare Industry Sets Aside $129 Billion Annually to Cover Bad Debt
8 December 2006
JPMorgan Chase Completes Acquisition of The Bank of New York Units
8 December 2006
Core Inflation Rising at Fastest Pace in 11 Years
8 December 2006
Fed's Hoenig Sees Economy Slowing at End of Year
8 December 2006