Portfolio Recovery Associates, Inc. (Nasdaq: PRAA) is a financial and business services company operating in the U.S. and the U.K.
As a leader in the U.S. debt buying industry, PRA returns capital to banks and other creditors that helps expand financial services for consumers. PRA collaborates with its customers to create affordable, realistic debt repayment plans.
The company also provides a broad range of fee-based services to local governments and law enforcement, U.S. businesses, institutional investors, global hedge funds, and U.K. banks and creditors.
PRA was recognized as one of Fortune's 100 Fastest-Growing Companies in 2013 and 2012. The company also has been named to the Top 25 of Forbes' Best Small Companies in America for the past two years and has been annually ranked on Forbes' list since 2007.