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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New Bankruptcy Law Putting Credit Counselors in a Bind
12 September 2006
Personal Bankruptcy Filings Plunge 70% in First Quarter
12 September 2006
New Medical Costs Law in New York Freezes out Collection Agencies
12 September 2006
Consumer Spending and Incomes Up, Savings Down in Feb
12 September 2006
Making Bangalore Sound Like Boston
12 September 2006
Banking Associations Strike Out at Proposed Laws on Home Loans
12 September 2006
UK Banks Unite to Tackle Bad Debt
12 September 2006
Bank of New York may sell 300 Branches to JP Morgan
12 September 2006
GAO: U.S. Bank Regulator to Enhance Complaint Process
12 September 2006
GMAC to Restate Financial Results, Casts Doubt on Sale
12 September 2006
U.S. Courts: Bankruptcy Filings Surge in Calendar Year 2005
12 September 2006
Dell Credit Reporting Battle Heats Up
12 September 2006
Fed Raises Interest Rates, Signals More Increases to Come
12 September 2006
Preliminary Bids for S.Korea's LG Card Due in mid April
12 September 2006
Wholesale Prices Fall in February, but Core Numbers Rise
12 September 2006
Nation's Largest Payday Lender Looks at Pulling Out of Arkansas
12 September 2006
Fed's Minehan Sees Mortgage Default Risk as No Threat to Economy
12 September 2006
Visa Issues Cash-Register Flaw Warning
12 September 2006
Consumer Sentiment Unchanged in March
12 September 2006
Ford Offering Interest-free Financing on Hybrids in Two U.S. Markets
12 September 2006