The Economy News

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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Author Gives Away Book on Debt

31 August 2009

Debt Buyers Feeling Economic Pinch More than Collection Agencies

31 August 2009

Recent Practices Show Some Promising Results for Credit Card Issuers

28 August 2009

Credit Card Chargeoffs and Delinquencies Contracting Over Summer

26 August 2009

New Credit Card Provisions Begin to Take Effect

25 August 2009

TASC Board Members to Discuss Debt Settlement at Financial Services Collections & Credit Risk Conference

25 August 2009

TransUnion.com: Average Credit Card Delinquency Rates Decrease in All 50 States and D.C. From Previous Quarter

25 August 2009

Magnum Hosts New Age of Consumer & Credit Protection, Regulation and Enforcement Webinar

25 August 2009

FTC Announces Public Forum on Proposed Debt Relief Amendments to the Telemarketing Sales Rule

24 August 2009

Reader's Digest Readies Planned Bankruptcy and News on Other Challenged U.S. Companies for Aug 24

24 August 2009

EOS Group Announces Fifth International EOS Congress in Berlin

24 August 2009

Mortgage Delinquencies Set Record in Second Quarter

21 August 2009

UCB Wins Ohio Governor's Council Employer of the Year Award and Announces Program Partnership to further effortsfor Disability Related Training and Consumer Outreach Programs

20 August 2009

Collection Agency Says Flexibility in Tough Times is the Key to Resolving Past-due Debt

20 August 2009

Government Extends TALF Debt-Securities Purchasing Program

19 August 2009

NY AG Sues to Shut Down Collection Agency Accused of Sexual Harassment

19 August 2009

NCO Group Lowers Losses in Q2 as Revenues Decline

18 August 2009

Collection Agency Layoffs Reach Highest Level of Downturn in Q2

17 August 2009

TransUnion.com: Mortgage Loan Delinquency Rates Rise - But Pace Is Slowing