• FirefoxUpgrade to the new Firefox »
  •  Dow Down0.09% Nasdaq Down0.13%

    PRA Group, Inc. (PRAA)

    57.62 Down 0.08(0.14%) 9:50AM EST - Nasdaq Real Time Price
    Add to Portfolio
    ProfileGet Profile for:
    PRA Group, Inc.
    120 Corporate Boulevard
    Norfolk, VA 23502
    United States - Map
    Phone: 757-519-9300
    Website: http://www.portfoliorecovery.com

    Index Membership:N/A
    Industry:Business Services
    Full Time Employees:3,900

    Business Summary 

    PRA Group, Inc., a financial and business service company, is engaged in the purchase, collection, and management of portfolios of defaulted consumer receivables in the United States and the United Kingdom. It detects, collects, and processes unpaid and normal-course accounts receivables owed primarily to credit grantors, governments, retailers, and others. The company also acquires receivables of Visa and MasterCard credit cards, private label and other credit cards, installment loans, lines of credit, bankrupt accounts, deficiency balances of various types, legal judgments, and trade payables from various debt owners, including banks, credit unions, consumer finance companies, telecommunication providers, retailers, utilities, insurance companies, medical groups, hospitals, auto finance companies, and other debt buyers. In addition, it provides fee-based services comprising vehicle location, skip tracing, and collateral recovery services for auto lenders, governments, and law enforcement; revenue administration, audit, and debt discovery/recovery services for local government entities; and class action claims settlement recovery and related payment processing services. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. PRA Group, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia.

    Key Statistics

    Company Websites 
    Home Page
    Search Yahoo! for:
    More on PRA Group, Inc.

    Corporate Governance 
    PRA Group, Inc.’s ISS Governance QuickScore as of Dec 1, 2014 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 6; Compensation: 4.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Steven D. Fredrickson , 54
    Co-Founder, Chairman, Chief Exec. Officer and Pres
    Mr. Kevin P. Stevenson , 49
    Co-Founder, Chief Financial & Admin. Officer, Principal Accounting Officer, Exec. VP, Treasurer and Assistant Sec.
    Mr. Neal Stern , 45
    Exec. VP of Operations and Chief Operations Officer of Owner Portfolios
    Mr. Christopher B. Graves ,
    Exec. VP of Core Asset Acquisitions
    Mr. Michael J. Petit , 54
    Pres of Bankruptcy Services
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
    View Insiders