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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China's CCB Eyes Bank of America (Asia)
12 September 2006
Congress Passes Massive Overhaul of Non-Profit Credit Counseling
12 September 2006
Fed Leaves Rates Unchanged at 5.25%
12 September 2006
Treasury's Top Official for Domestic Finance Announces Resignation
12 September 2006
FTC and Federal Reserve Issue Report on Compliance with Consumer Dispute Provisions of FCRA
12 September 2006
HIPAA, 10 Years After
12 September 2006
Large Australian Collection Agency Buys Debt Purchaser
12 September 2006
U.S. Consumer Credit Makes Surprise Jump in June
12 September 2006
UK Banks Brace for Bad Debt Pain to Continue
12 September 2006
North Carolina Sues Telecom Telemarketer For Deception
12 September 2006
NFAN Alerts Consumers to Credit Repair Scams
12 September 2006
Credit Card Issuers Banking on Payment Technology
12 September 2006
US Treasury Study Says Islamic Banking Expanding
12 September 2006
Pension Overhaul Bill Sent to President
12 September 2006
Barclays CEO: Too Soon to Call UK Bad Debt Peak
12 September 2006
State Officials File New Payday Lending Regulations
12 September 2006
Washingon Post Advises Consumer to Pay in Full
12 September 2006
Debit Card Use for Back-to-School Spending Doubles, MasterCard Survey Show
12 September 2006
Student Loan Company Loses Customer Data Tape
12 September 2006
Medicare Rule Reduces Reimbursement Impact
12 September 2006