Company Information

Get to know DebtCollectors

Founded in 1996 and headquartered in Norfolk, Virginia, PRA Group, Inc. is a publicly-traded company (Nasdaq: PRAA) specializing in the acquisition, collection, and processing of nonperforming loans. The company purchases portfolios of defaulted consumer debt from credit grantors such as banks, credit card companies, and auto finance companies at a discount. PRA Group then works with customers to help them resolve their outstanding balances. The company emphasizes a consumer-focused approach to debt resolution and operates across the Americas, Europe, and Australia.

Industry

Financial Legal ServicePRIMARY
Financial Other Service

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DebtCollectors

United States

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.