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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Credit Card Performance Still Strong; Charge-offs May Pick Up
8 December 2006
Auto Loans Are Acceptable Debts According To Christian Web Poll
8 December 2006
Lawsuit Filed Against Collector, Experian and Hospital Over Credit Reporting
8 December 2006
State Credit Freeze Law Ruled Unconstitutional
8 December 2006
Massive Drop in Consumer Credit Reported for September
8 December 2006
Ford Credit Subsidiary Settles Discrimination Case for Nearly $2.5 million
8 December 2006
AADMO to Release IRS Training Video for Credit Counseling Agency Investigations
8 December 2006
MasterCard, Visa $336 million Exchange Settlement Gets OK
8 December 2006
Fair Isaac Touting Study on Non-Traditional Credit Score
8 December 2006
Credit Counseling Service Receives $50,000 Grant from BofA
8 December 2006
Austin Ventures Recapitalizes CreditCards.com
8 December 2006
UK Regulators Warning Consumers on Fake Debt Collection Letters
8 December 2006
D&B Reports on National Business Expectations
8 December 2006
H&R Block Considering Strategic Alternatives for Mortgage Unit
8 December 2006
Bankrate: Economic News Depresses Mortgage Rates
8 December 2006
Stolen Computer Holds Government Database of 1.4 Million Coloradans
8 December 2006
UK Debt Firms Join Forces in Industry Body
8 December 2006
State Supreme Court Hears Arguments in Payday-Lending Case
8 December 2006
McKesson to Acquire Per-Se Technologies for $1.8 Billion
8 December 2006
Weltman, Weinberg & Reis Takes Part in National Credit Education Week
8 December 2006