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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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UK Overtakes U.S. for Personal Debt

8 December 2006

Core Inflation Drops by Most in 13 Years

8 December 2006

MasterCard, Visa $336 million Exchange Settlement Gets OK

8 December 2006

Fair Isaac Touting Study on Non-Traditional Credit Score

8 December 2006

AADMO to Release IRS Training Video for Credit Counseling Agency Investigations

8 December 2006

State Credit Freeze Law Ruled Unconstitutional

8 December 2006

Credit Counseling Service Receives $50,000 Grant from BofA

8 December 2006

Massive Drop in Consumer Credit Reported for September

8 December 2006

Ford Credit Subsidiary Settles Discrimination Case for Nearly $2.5 million

8 December 2006

Stolen Computer Holds Government Database of 1.4 Million Coloradans

8 December 2006

UK Debt Firms Join Forces in Industry Body

8 December 2006

Bankrate: Economic News Depresses Mortgage Rates

8 December 2006

State Supreme Court Hears Arguments in Payday-Lending Case

8 December 2006

Austin Ventures Recapitalizes CreditCards.com

8 December 2006

D&B Reports on National Business Expectations

8 December 2006

H&R Block Considering Strategic Alternatives for Mortgage Unit

8 December 2006

McKesson to Acquire Per-Se Technologies for $1.8 Billion

8 December 2006

Weltman, Weinberg & Reis Takes Part in National Credit Education Week

8 December 2006

UK Regulators Warning Consumers on Fake Debt Collection Letters

8 December 2006

Experian Executives to Speak at FTC Public Hearings

8 December 2006

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