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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Economists Say Fed Will Hold Interest Rates Steady Today
8 December 2006
Senate Panel Faults Oversight of Post-9/11 Business Loans
8 December 2006
Dutch Bank to Ease Climate Guilt with Credit Card
8 December 2006
Banks Start to Lower Fees to Attract New Customers
8 December 2006
Bad Blood Over Bad Mortgage Loans
8 December 2006
Census Bureau Loses Hundreds of Laptops with Citizen Data
8 December 2006
Fed Could Be Done Raising Rates
8 December 2006
Taxpayer Protections as IRS Private Collections Begin
8 December 2006
Freddie Mac, Lenders Collaborate to Launch Homeownership Themed Telenovela
8 December 2006
Chase Invests $153 Billion in Low/Moderate-Income Families, Communities and Small Businesses
8 December 2006
Wells Fargo CEO Says Bank has Prepared for Housing Slowdown
8 December 2006
Hospital System Apologizes for Mix Up in Debt Purchasing Case
8 December 2006
Consumer Confidence Skyrockets As Gas Prices Ease
8 December 2006
Inflation Stabilizes in August
8 December 2006
Wal-Mart Phasing out Layaway Program; Offering Other Financing Options
8 December 2006
UNC-Greensboro Economist Challenges DoD Study on Payday Loans
8 December 2006
ACA International Statement in Support of IRS Private Collection Contracts
8 December 2006
Credit-Card Users Hurt at Gas Pump May Sap Retail Sales
8 December 2006
Executive Change: Barrett Burns to VantageScore Solutions
7 November 2006
Cleveland Gets Collection Agency to Help with Unpaid Electric Bills
3 November 2006