PRA Group, Inc.: Helping Americans Manage their Debts

Unpaid bills, account dues and other unsettled debts will always be in the records of PRA Group, Inc., a business headquartered in Norfolk, Virginia and established in 1996. Prior to its name change in 2014, the company was known as Portfolio Recovery Associates, Inc.

As a financial and business service company, PRA Group, Inc. is engaged in the management, purchasing and collection of defaulted consumer receivables. These account receivables are mostly owed to retailers, government, credit grantors and to other financial entities. The business is also engaged in the collection of unpaid accounts of Mastercard and Visa credit cards. The company guarantees every customer that they are more than willing to listen and negotiate delinquent accounts in difficult economic times.

Regardless of how overdue the account is, the debt will always be there and has to be cleared. By communicating with PRA Group, Inc., customers are given the opportunity to redeem their credit scores and create a more affordable payment scheme to clear their outstanding debts.