Company Profile

PRA Group, Inc.

Company Overview

With its global headquarters located in Norfolk, Virginia, PRA Group, Inc. is a publicly traded company that has grown to become one of the largest acquirers of nonperforming loans in the world. Its portfolio operations span 18 countries, 12 languages and 12 currencies. Through its subsidiaries, PRA Group returns essential capital to banks and other lenders, helping expand financial services available to consumers and businesses. For 30 years, PRA Group companies have focused on improving their customers’ financial futures, creating fulfilling careers for thousands of employees worldwide and giving back to local communities.

Company History

In 1996, Steve Fredrickson and Kevin Stevenson had a vision for a professional business in the nonperforming loan industry. With four employees in Norfolk, Virginia, they set out to found a company that would do things differently. Things like helping improve financial futures by taking a customer-first approach, providing affordable and flexible payment options, meeting high levels of compliance and reliability, and creating rewarding careers for employees. They took Portfolio Recovery Associates, Inc. public in November 2002 and changed the parent company name to PRA Group, Inc. in October 2014. Today, PRA Group has grown to become a global leader in the nonperforming loan industry with operations and thousands of employees around the world. Nearly three decades since our founding, we remain focused on doing things the right way, for the right reasons, for the long term.

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  • 7 days ago

    Managing Attorney - California Remote

    PRA Group, Inc. - CA, United States
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    PRA Group is seeking a California-licensed Managing Attorney to lead litigation strategy, attorney performance, and legal operations. This fully remote role is ideal for an experienced litigator who brings sound judgment, people leadership, and a practical approach to managing risk and driving strong outcomes. You ll represent PRA Group and its affiliates in consumer account litigation while coaching attorneys, improving legal workflows, and partnering across the business to ensure matters ...

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