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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Late Auto Payments Drive Consumer Delinquency Rate Higher
4 April 2008
U.S. Hemorrhaging Jobs Early in 2008
4 April 2008
PR - ABI Reports Bankruptcy Filings Rise 27% in First Quarter
3 April 2008
Collection Industry has Duty to Treat Consumers Equitably
2 April 2008
TransUnion: Card Debt, Delinquencies Rose in Fourth Quarter
2 April 2008
Discover Closes Goldfish Sale, Names Top Accountant
1 April 2008
Corporate Debt Rising in Australia
1 April 2008
Aktiv Kapital to Sell Invoicing and Factoring Business in Nordic Area
31 March 2008
Final GDP Reading Stands at 0.6 percent for Fourth Quarter
28 March 2008
Good Economic News Abounds Late in the Week
28 March 2008
GE Unit Brings AmEx Lower Charge Offs, Higher Revenues
28 March 2008
More Lenders Plan to Drop Private Student Loan Programs: Survey
27 March 2008
AmEx Buys GE?s Corporate Payments Group
27 March 2008
Federal Family Education Loan Lending Under Pressure
26 March 2008
Consumer Expectations Drop to 35-Year Low, Home Prices Down 10.7%
26 March 2008
Experian: UK Consumers Shifting Away From Credit Cards
26 March 2008
Card Issuer Alliance Data and Blackstone Talk Options
24 March 2008
Financial Illiteracy Runs High: Survey
21 March 2008
Economy Grinding to a Halt: Conference Board
21 March 2008
Research Firm Predicts ARM Industry Growth Near 10% in 2008
20 March 2008
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