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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Small Business Economic Confidence Falls Sharply: Discover
29 September 2008
Debt Settlement Companies Put Under FTC Microscope
29 September 2008
GDP Growth for Q2 Revised Down to 2.8 Percent
26 September 2008
Cost of Living, Not Debt, is the Biggest Issue Facing Young Adults
25 September 2008
Accurate Or Not, Consumer Complaint List Needs to be Addressed
25 September 2008
Visa and U.S. Bank to Launch Visa Mobile Money Transfer Pilot
25 September 2008
Jobless Claims Jump to 493,000 on Hurricane Gustav: Dept of Labor
25 September 2008
CDIA Hosting Webinar For Debt Buyers and Third Party Collectors
24 September 2008
Visa Enables Issuance of Unembossed Cards in U.S.
23 September 2008
GE Money Concludes Sale of Consumer Finance Business in Japan
22 September 2008
Government Bailout Will Lower Dollar?s Value in Short Term: Economist
22 September 2008
PPO Enrollment Growth Contributes to Rise in Medical Bad Debt
19 September 2008
Government Moves to Buy Bad Debt to Shore Up Markets
19 September 2008
Consumers Must Take Responsibility for Their Own Financial Health
18 September 2008
WaMu Up on Auction Block, Wachovia Could Buy Morgan Stanley
18 September 2008
FTC Closes Review of Proposed ChoicePoint Acquisition
17 September 2008
Nomis Solutions Acquires Perspecta, LLC
16 September 2008
Credit Card Outlook Remains Negative as Debt Rises
16 September 2008
Increased College Student Credit Card Debt Causing Financial Straits for Graduating Students: Report
15 September 2008
Over objections, Judge Approves BJC Healthcare Class-Action Lawsuit Settlement
15 September 2008
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