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Portfolio Recovery Associates, Inc., doing business as PRA Group (Nasdaq: PRAA), is a world leader in acquiring non-performing consumer debt. The companies of PRA Group return capital to global banks and other creditors to help expand financial services for consumers in North America and Europe. PRA Group companies collaborate with customers to create affordable, realistic debt repayment plans in compliance with consumer protection laws and provide a broad range of additional revenue and recovery services to business and government clients.
In 2013 and 2012, PRA was named one of Fortune's 100 Fastest-Growing Companies and one of Forbes’ Top 25 Best Small Companies in America. PRA has been annually ranked on the Forbes list since 2007. The company employs more than 4,000 people and is headquartered in Norfolk, Virginia.