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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Recent Practices Show Some Promising Results for Credit Card Issuers
28 August 2009
Credit Card Chargeoffs and Delinquencies Contracting Over Summer
26 August 2009
New Credit Card Provisions Begin to Take Effect
25 August 2009
TASC Board Members to Discuss Debt Settlement at Financial Services Collections & Credit Risk Conference
25 August 2009
TransUnion.com: Average Credit Card Delinquency Rates Decrease in All 50 States and D.C. From Previous Quarter
25 August 2009
Magnum Hosts New Age of Consumer & Credit Protection, Regulation and Enforcement Webinar
25 August 2009
FTC Announces Public Forum on Proposed Debt Relief Amendments to the Telemarketing Sales Rule
24 August 2009
Reader's Digest Readies Planned Bankruptcy and News on Other Challenged U.S. Companies for Aug 24
24 August 2009
EOS Group Announces Fifth International EOS Congress in Berlin
24 August 2009
Mortgage Delinquencies Set Record in Second Quarter
21 August 2009
UCB Wins Ohio Governor's Council Employer of the Year Award and Announces Program Partnership to further effortsfor Disability Related Training and Consumer Outreach Programs
20 August 2009
Collection Agency Says Flexibility in Tough Times is the Key to Resolving Past-due Debt
20 August 2009
Government Extends TALF Debt-Securities Purchasing Program
19 August 2009
NY AG Sues to Shut Down Collection Agency Accused of Sexual Harassment
19 August 2009
NCO Group Lowers Losses in Q2 as Revenues Decline
18 August 2009
Collection Agency Layoffs Reach Highest Level of Downturn in Q2
17 August 2009
TransUnion.com: Mortgage Loan Delinquency Rates Rise - But Pace Is Slowing
17 August 2009
Leading Finance Publication Names Brainware's Solutions as Best-of-Breed for A/P and A/R Processing
17 August 2009
With the Economy Still on Life Support, How are Your Recoveries?
14 August 2009
Debt Settlement Industry Launches Self-Regulation Effort
14 August 2009
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