PRA Group

PRA Group is a company based in Virginia which collects nonperforming loans. It was one of the largest debt buyers in the US. 

Background
PRA Group was initially traded as Portfolio Recovery Associates in March 1996. It was founded by Kevin Stevenson and Steve Fredrickson. Later, the companystarted purchasing debts and formed as an incorporation in May 1996.

References

Category:American financial companies
Category:1996 establishments in the United States