One man’s debt is another man’s business opportunity and Portfolio Recovery Associates has reaped the benefits. The Norfolk,Va.-based company, which purchases defaulted debt from credit card companies ...
Some Americans who paid off debt to collectors working for Portfolio Recovery Associates LLC might get some of their money back. The federal government has ordered the Norfolk-based company, the ...
"CFPB orders are not suggestions, and companies cannot ignore them simply because they are large or dominant in the market," CFPB Director Rohit Chopra said after announcing a $24 million settlement ...
George Cooley says the debt collectors have been after him for years, despite the fact that he lives on Social Security disability and just $1,300 a month. Cooley, 66, has been making debt payments of ...
A Jackson County jury has ordered a debt collection agency to cough up nearly $83 million to a woman it mistakenly pursued to collect a credit card debt of little more than $1,000. The jury found that ...
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. So what: Portfolio ...
On Jul 7, 2014 we issued an updated research report on Portfolio Recovery Associates Inc. ( PRAA). We believe that the company's purchase of finance receivables, its diversified portfolio, strong ...
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