PRA Group Inc
Company Profile
Business description
PRA Group Inc is a specialty finance company engaged in the purchase, collection, and management of nonperforming loan portfolios. The majority of the loans it purchases are from credit originators who have chosen not to pursue, or have been unsuccessful in collecting, the full balance owed to them (Core accounts). To a lesser extent, the company also purchases loans in situations where the customer is involved in a bankruptcy or similar proceeding (Insolvency accounts). As part of an ancillary business, it also purchases and provides fee-based services for class action claims recoveries in the U.S. The company has two operating and reportable segments, comprised of its U.S. and European businesses. The majority of its revenue is generated from the United States.
Contact
120 Corporate Boulevard
NorfolkVA23502
USAT: +1 888 772-7326
Sector
Financial Services
Stock type
Cyclical
Industry
Credit Services
Fiscal Year End
31 December 2026
Employees
2,814
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