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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Court Rules that Credit Cards Get Money Before Churches and Charities Per Bankruptcy Reform Law
12 September 2006
Consumer Credit Increased 2.8% in July; Credit Card Debt Growth Slows
12 September 2006
Chase Notifying 2.6 million Circuit City Card Holders About Improperly Discarded Data Tapes
12 September 2006
Texans Get Refunds From "Debt Settlement" Company
12 September 2006
Verizon Petitions to Pass Collection Costs on to Customers
12 September 2006
LendingTree Reaches New Milestone: 20 Million Customer Loan Requests
12 September 2006
Fed Beige Book Says U.S. Economy Continues to Grow
12 September 2006
H&R Block Cuts Rates on Tax Refund Loans
12 September 2006
Option ARMs Bring Pain to Borrowers and Mortgage Industry
12 September 2006
Fed, FTC Have Yet to Issue Rules for Credit Protections Enacted in 2003
12 September 2006
Education Department Awards Student Aid Contract
12 September 2006
Missouri Student Loan Agency Still Wrestling With Portfolio Sale
12 September 2006
Senate Dems to IRS Regarding Private Collectors: It's On!
12 September 2006
UNC Healthcare President Responds to Critics
12 September 2006
Yellen Says Fed Policy must have Tightening Bias
12 September 2006
Housing Chill Begins to Pinch Nation's Banks
12 September 2006
Citigroup Looking at Small Acquisitions to Grow in Germany
12 September 2006
Group: Pentagon Joins Forces With Fringe Activists on Payday Advance Report
12 September 2006
Steps to Prevent Tax Scams as Private Debt Collection Begins
12 September 2006
Collection Agency Settles with State AG Over Added Fees
12 September 2006