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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U.S. Consumer Credit Slides $7.20 billion in October
12 September 2006
Teleperformance USA Acquires Canadian Call Center Company
12 September 2006
HSBC Not Interested in GMAC Stake
12 September 2006
Pay By Touch to Acquire BioPay
12 September 2006
More Americans Plan to Use Less Credit Card Debt When Buying Holiday Gifts
12 September 2006
PAR3 Communications Acquires EnvoyWorldWide
12 September 2006
Deadline Looms for Initial Bids in GMAC Stake Sale
12 September 2006
Services Sector Still Strong, But Growth Cools in November
12 September 2006
UK Card Issuers Announce Plans for New Credit Data Sharing
12 September 2006
Study: Most Borrowers use Payday Loans for Living Expenses
12 September 2006
Americans Seen More Upset by Tax Bite on Profits
12 September 2006
Bankruptcy Law May Push More to Riskier Self-filing
12 September 2006
U.S. Card Issuers Eye Unlikely Group: New Bankrupts
12 September 2006
Significant Progress Report on Microcredit to Be Released Next Week
12 September 2006
45 Million Americans Would Use their Credit or Debit Cards for Purchases of Less than Five Dollars
12 September 2006
A High-Tech Solution to the Car Repo Man
12 September 2006
Credit Card Rates Likely to Continue Rising
12 September 2006
State Offering Travelling Seminars on Credit Cards
12 September 2006
U.S. Q3 GDP Revised Higher to 4.3%
12 September 2006
HSBC Finance Corporation Completes Acquisition of Metris
12 September 2006