Where are the Collection Opportunities in Coming Years?

How can ARM companies know where their market opportunities exist in the five to ten year time range? We all know that credit card debt is slowly recovering from recent lows and student loans are growing at a silly rate. But what about everything else? The Federal Reserve Bank of New York has been engaged in a very interesting research project for more than a decade. Using a nationally representative 5 percent random sample of all Americans with a Social Security number and a credit report, the FRBNY analyzes Equifax credit report data looking for tradelines placed on the reports by creditors, servicers, and debt collectors. <more>