The index improved dramatically in the last month and for the best of reasons. The CMI  (Source: Survey of NCAM Members) collects favorable factors like sales, credit applications submitted, dollar collections and amount of credit extended.  It also collects unfavorable data such as rejections of credit application, accounts placed for collection, disputes, dollar amounts beyond terms, dollar amount of customer deductions and filings for bankruptcy.  The index improved dramatically in the last month. That is good news for credit information suppliers as new credit applications drives demand for information.  To read the full story click on this Link    Source:  Armada Corporate Intelligence

BIIA Newsletter November I – 2010 Issue