PRA Group
| NASDAQ: PRAA | |
| Founded | March 1996 |
| Founders | Kevin Stevenson, Steven Fredrickson |
| Headquarters | , United States |
PRA Group is a company based in Virginia which collects nonperforming loans. It was one of the largest debt buyers in the US.
Background
[change | change source]PRA Group was initially traded as Portfolio Recovery Associates in March 1996.[1] It was founded by Kevin Stevenson and Steve Fredrickson. Later, the companystarted purchasing debts and formed as an incorporation in May 1996.
References
[change | change source]- ↑ "Debt Recovery Proves Profitable for Virginia Beach, Va., Company". 12 November 2001. Archived from the original on 29 March 2015.