120 Corporate Boulevard
Norfolk, VA 23502
United States
888 772 7326
https://www.pragroup.com
Sector(s): Financial Services
Industry: Credit Services
Full Time Employees: 3,155
Name | Title | Pay | Exercised | Year Born |
---|---|---|---|---|
Mr. Steven D. Fredrickson | Co-Founder & Non-Executive Chairman | 195k | N/A | 1960 |
Mr. Vikram A. Atal | President, CEO & Director | 115k | N/A | 1956 |
PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies. The company also acquires nonperforming loans, including Visa and MasterCard credit card accounts, private label and other credit card accounts, personal loans, automobile loans, and small business loans from banks, credit unions, consumer finance companies, retailers, utilities, automobile finance companies, and other credit originators. In addition, it provides fee-based services on class action claims recoveries. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. PRA Group, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia.
PRA Group, Inc.’s ISS Governance QualityScore as of May 1, 2024 is 3. The pillar scores are Audit: 5; Board: 3; Shareholder Rights: 2; Compensation: 4.