PRA Group

PRA Group, Inc.
Formerly	Portfolio Recovery Associates, LLC 1996– ; Portfolio Recovery Associates, Inc. –2014;
Traded as	Nasdaq: PRAA; S&P 600 Component
Founded	March 1996 (as Portfolio Recovery Associates, LLC ); Norfolk, Virginia, U.S.
Headquarters	Norfolk, Virginia, United States
Key people	Vikram Atal (President and CEO)
Number of employees	3,277
Subsidiaries	Anchor Receivables Management; RDS;

PRA Group, Inc. is a publicly-traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.

In 2015 and 2023 PRA was fined by the Consumer Financial Protection Bureau for illegal debt collection tactics and consumer reporting violations. In 2014, the Attorney General of New York obtained a settlement against PRA for repeatedly bringing improper debt collection actions against New York consumers.

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