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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History of Consumer Complaints About Debt Collection Services
26 October 2009
Webrecon to Scrub Every Collection Database Industry-Wide for Free
26 October 2009
ABA Comments on House Committee Pasage of H.R. 3639, the Expedited Card Reform for Consumer Act of 2009
22 October 2009
Encore Capital Group, Inc. to Announce Third Quarter 2009 Results on October 28
22 October 2009
FDCPA and Other Consumer Rights Lawsuit Statistics, October 1-15, 2009
22 October 2009
Equifax to Acquire IXI Corporation
22 October 2009
Credit and Debt Collection Firms? Performance and Outlook Improving
19 October 2009
Mixed Results to Date for Mergers and Acquisitions in the Accounts Receivable Management Industry
17 October 2009
NY Attorney General Wins $200,000 Suit Against Debt Settlement Firm
16 October 2009
Western Union Money Mindset Index Shows New Data on Consumer Behavio
16 October 2009
U.S. Foreclosure Activity Sets New Quarterly Record, Up 23 Percent From Q3 2008
15 October 2009
Eric M. Berman, P.C., Forms Joint Venture with New York Law Firm To Expand Collection and Client Service Capabilities
13 October 2009
Heightened Focus on Receivables Management Having Stabilising Effect on Payment Behaviour During Recession in 2009
13 October 2009
New Research: Some Australians Vulnerable to Mounting Debt
12 October 2009
Fitch Publishes Credit Card Movers & Shakers With August 2009 Performance
12 October 2009
Clams Review Corporation and Denied Claims Services Company Change Marketing Strategies
12 October 2009
Consumers Nationwide Pay Down Credit Card Debt in September
12 October 2009
Credit Card Debt Evaporating in U.S.; Down 13 percent in August
8 October 2009
Intrum Justitia to Release Q3 2009 Earnings October 22
8 October 2009
Sykes Enterprises, Incorporated and ICT Group, Inc. Sign Definitive Merger Agreement
7 October 2009
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