D
Debt Collection Company
United Arab Emirates
Founded in
2008 (18 Years)
Founded
Last online: No recent activity
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OVERALL SCORE
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Security Information
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Debt Collection Company
Company Information
Get to know Debt Collection Company
Founded in 1996 and publicly traded since 2002 (NASDAQ: PRAA), PRA Group, Inc. is one of the largest buyers of nonperforming debt in the world. The company's core business involves purchasing portfolios of defaulted consumer debt from credit grantors, such as banks, credit card companies, and other financial institutions, at a discount. PRA Group then works with the consumers who owe these debts to establish affordable repayment plans. Their stated mission is to help consumers restore their financial health while returning capital to creditors, which helps lower the cost of credit for everyone.
Industry
- Financial Legal ServicePRIMARY
- Financial Other Service
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