PRA Group

PRA Group Inc. is a global specialty finance company that acquires, collects, and manages nonperforming loan portfolios. PRA Group works with banks and other credit originators to purchase charged-off consumer receivables, including credit card, personal loan, auto, overdraft, and small business accounts, and then seeks to resolve those obligations through its collection and account management operations. The company also handles insolvency-related accounts and provides fee-based services for class action claims recoveries in the United States. PRA Group serves markets across the Americas, Europe, the United Kingdom, Canada, South America, and Australia, with business activity centered on receivables management, debt resolution, and recovery services. Headquartered in Norfolk, Virginia, PRA Group plays a significant role in the secondary debt market by helping creditors convert distressed portfolios into capital while offering structured repayment solutions to consumers.