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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Weak Economy Set to Hit Credit Card Companies Hard: Reuters
3 September 2008
Personal Income Gains Tamped Down by Inflation, Unemployment
2 September 2008
Bank Data Breach Could Impact 12.5 million Customers
2 September 2008
Twenty-One Percent of Marines Contacted by Collectors in Past Year: Survey
2 September 2008
ABA Survey Shows Majority of Bank Customers Pay Nothing for Monthly Bank Services
29 August 2008
American Consumers Making and Spending Less, But Optimistic
29 August 2008
ePayments Group Announces Acquisition of Federal Check Recovery
28 August 2008
Second Quarter GDP Growth Revised Up Sharply to 3.3 Percent
28 August 2008
Weak Economy Hasn?t Yet Added to Hospital Bad Debt Woes: Fitch Report
27 August 2008
HCL Technologies to Acquire Leading Manager of Voice, Data and Wireless Expense Services
26 August 2008
NARCA Survey: Impulsive Behaviors Dominate Despite Financial Education
25 August 2008
Americans Spending More of Their Income to Pay Medical Bills
22 August 2008
Fed Chairman Eases Jitters Over Inflation
22 August 2008
Understanding Hispanic Culture and Credit
21 August 2008
PIC Solutions Sells ACET Processing in Management-Led Buy Out
21 August 2008
Tax Law Favors Small Business Owners Even in Slow Economy
21 August 2008
New Book Reveals How Unprecedented Bank Deregulation Helped Ignite Credit Crisis
20 August 2008
Consumers are Continuing to Spend But Not Contribute to Real Economic Growth
19 August 2008
Rough Economic News Abounds Tuesday
19 August 2008
NBKI Now Provides FICO Credit Score to Russian Lenders
18 August 2008
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