Business Description
PRA Group Inc. is a financial services company founded in 1996 and headquartered in Norfolk, Virginia, that buys and manages unpaid debt portfolios from lenders across the United States, Europe, the United Kingdom, South America, Canada, and Australia. These portfolios typically include credit card balances, personal loans, auto loans, and small business debt that the original lenders were unable to collect. The company also handles debt tied to bankruptcy cases and offers fee-based services for recovering funds in class action settlements.
