insideARM Weekly Recap – Week of March 3rd, 2025
There’s never a dull moment in the ARM industry, but it can be tough to distinguish between what’s news and what’s noise. That’s where insideARM’s weekly recap comes in. Our...
Operations
Q4 Credit Card Charge-Off Rates and Delinquencies Both Decline Slightly
Recent data reveals a slight decrease in credit card charge-off rates, marking the first decline in the post-COVID era. The charge-off rate has dipped from 4.61% to 4.58%. While this...
insideARM Weekly Recap – Week of December 2nd, 2024
Even at otherwise slow times of year it can seem like the news affecting the collections space moves at a mile a minute. Our weekly recap of top stories will...
Credit Card Charge-Offs and Delinquencies Hit 13-Year High, Are They Peaking?
Credit card charge-offs and credit card loan delinquencies hit a 13-year high, according to the Federal Reserve’s third-quarter report. Third-quarter 2024 data reveals that credit card charge-offs increased to 4.65%,...
Alexander / AdobeStock
Data Security – An Expanded Perspective
Data security is a constant topic of conversation in the ARM space. At this point though, most people are familiar with the threats and common countermeasures such as firewalls, anti-virus...
insideARM Weekly Recap – Week of November 18th, 2024
There’s never a dull moment in news affecting the ARM industry; it can be overwhelming, but insideARM has you covered. Our weekly recap of top stories will give you the...
Pay Now or Pay Later, But Paying Later May Cost a Whole Lot More
The Consumer Financial Protection Bureau has long required that an institution within the scope of its supervision or enforcement authority, including both depository institutions like banks and non-depository consumer financial...
Drobot Dean / Adobestock
insideARM Weekly Recap – Week of October 14th, 2024
News in the ARM industry moves at lightning speed; determining what's important and what’s just noise can be challenging. This is why the editorial team at insideARM sifts through all...
Atoss / Adobestock
An Expensive New Year: Minimum Salary for White Collar Exemption Raised Almost $15k Starting January 2025
The Fair Labor Standards Act (“FLSA”) provides minimum wage requirements and overtime pay for non-exempt employees, but the FLSA also exempts executive, professional, administrative employees from receiving 1.5X overtime compensation. Using the...
phonlamaiphoto / Adobestock
Due Diligence in AI: 3 things you need to survive AI scrutiny
The ARM Industry is hearing more and more about using AI in their collection practices. This video transcript discusses three ways to perform due diligence with AI. Transcript: AI diligence...